1 00:00:21,540 --> 00:00:24,540 It's all going to zero against Bitcoin. 2 00:00:25,180 --> 00:01:21,720 It's going up forever. Good morning. 3 00:01:21,760 --> 00:01:23,080 Oh, here we go. Here we go. 4 00:01:23,280 --> 00:01:24,200 All right. Sorry, guys. 5 00:01:24,200 --> 00:01:27,280 This Wi-Fi for me is very, very bad. 6 00:01:27,640 --> 00:01:29,360 We are. Everyone's saying no audio. 7 00:01:29,520 --> 00:01:34,400 No sound. OK one second guys. 8 00:01:34,400 --> 00:01:38,600 Apologies, Apologies. This this Wi-Fi is messing up on 9 00:01:38,600 --> 00:01:39,040 us. Can you? 10 00:01:40,520 --> 00:01:42,200 Hear us. Are we back? 11 00:01:44,320 --> 00:01:46,800 Sound All right? OK. 12 00:01:46,800 --> 00:01:49,480 All right, guys, so we were trying again. 13 00:01:49,480 --> 00:01:53,000 I know you guys yell at us all the time for us being late, but 14 00:01:53,320 --> 00:01:57,200 we were trying to get better Wi-Fi, and this Wi-Fi is acting 15 00:01:57,280 --> 00:02:00,280 all weird right now. Anyways, what's up, guys? 16 00:02:00,280 --> 00:02:02,360 We are back for another episode of simply Bitcoin. 17 00:02:02,640 --> 00:02:05,280 Of course we are your number one source for the Bitcoin 18 00:02:05,480 --> 00:02:07,240 revolution. We cover memes. 19 00:02:07,360 --> 00:02:09,720 News. Well, less memes, more news, 20 00:02:09,800 --> 00:02:13,360 more culture and we are coming live from Vegas right now from 21 00:02:13,360 --> 00:02:16,480 Unconfiscatable. We got a great show for you guys 22 00:02:16,480 --> 00:02:19,040 if it works, if it works, hopefully it works for you guys. 23 00:02:19,680 --> 00:02:21,960 I guess I should have bought the premium Internet over here. 24 00:02:21,960 --> 00:02:23,760 I I thought it was working actually. 25 00:02:23,920 --> 00:02:25,560 I think Jacob's stealing our Internet right now. 26 00:02:25,760 --> 00:02:27,640 But anyways, that's besides the point guys. 27 00:02:27,640 --> 00:02:30,920 We have a great show for you and guys, it's something I've been 28 00:02:30,920 --> 00:02:34,320 saying forever on the show. The Bitcoin signal is going 29 00:02:34,320 --> 00:02:39,000 everywhere and I think we are underestimating how strong the 30 00:02:39,000 --> 00:02:42,040 Signal will be going into do this bull run. 31 00:02:42,240 --> 00:02:46,280 We have Joe Kernan, a full blown Bitcoin maxi on CNBC just 32 00:02:46,280 --> 00:02:51,200 pressing at Andrew Sorkin. And it really hits on a theme 33 00:02:51,440 --> 00:02:54,440 that we talk about all the time here about, you know, people 34 00:02:54,440 --> 00:02:57,040 watching Bitcoin. And the question always comes 35 00:02:57,040 --> 00:02:59,840 out like when will you believe in Bitcoin, When will you start 36 00:02:59,840 --> 00:03:04,080 saving in Bitcoin, when will you start to understand why we do 37 00:03:04,080 --> 00:03:06,040 what we do? And I thought it's a great clip 38 00:03:06,040 --> 00:03:09,520 to play for us today because I know people out there watching, 39 00:03:09,680 --> 00:03:11,320 they're asking themselves the same question. 40 00:03:11,320 --> 00:03:14,440 Oh, maybe bitcoins going back down to 10K, maybe I should wait 41 00:03:14,440 --> 00:03:18,960 for 20 K guys, it's ripping too close to 45 K and people are 42 00:03:18,960 --> 00:03:22,560 still sitting on the sidelines. When will you, the viewers, 43 00:03:22,560 --> 00:03:25,520 start to believe in Bitcoin? I know here we are pretty much 44 00:03:25,520 --> 00:03:28,480 all toxic bitcoiners here. This is a Bitcoin show for 45 00:03:28,480 --> 00:03:31,760 Bitcoiners, but we are doing our best to try to break out of our 46 00:03:31,760 --> 00:03:33,920 echo chamber. We've gotten crazy numbers on 47 00:03:33,920 --> 00:03:38,600 our YouTube and it seems like people are getting excited about 48 00:03:38,600 --> 00:03:42,280 Bitcoin and we're at the end of 2023. 49 00:03:42,280 --> 00:03:46,200 Bitcoins been going nuclear this year, and I think 2024 and 2025 50 00:03:46,440 --> 00:03:50,800 is going to be absolutely crazy. So again, we asked the viewer, 51 00:03:50,960 --> 00:03:54,160 at what price are you going to buy into Bitcoin? 52 00:03:54,360 --> 00:03:57,320 And I have a bunch of other receipts for the news of stuff 53 00:03:57,320 --> 00:04:01,240 going on currently in real time that we're going to, you know, 54 00:04:01,240 --> 00:04:04,080 maybe do some speculating on what is actually making the 55 00:04:04,080 --> 00:04:06,480 Bitcoin price go up. But it's really just further 56 00:04:06,480 --> 00:04:10,360 receipts and further proof that people are waking up to Bitcoin. 57 00:04:10,360 --> 00:04:13,520 And of course, I'm not here alone as you can see. 58 00:04:13,640 --> 00:04:16,320 I'm here with my friend Bitcoiner, best producer in the 59 00:04:16,320 --> 00:04:18,519 game, Chris Alamo. And we're going to have a great 60 00:04:18,519 --> 00:04:20,800 discussion today guys. So I think you're going to enjoy 61 00:04:20,800 --> 00:04:23,160 this hopefully if we don't have any more technical difficulties. 62 00:04:23,160 --> 00:04:24,520 But Chris, how you doing this morning? 63 00:04:24,880 --> 00:04:26,800 Doing well, Athi always happy to be here. 64 00:04:26,880 --> 00:04:29,600 Pleasure, love hanging out. The plebs love talking about 65 00:04:29,600 --> 00:04:31,320 Bitcoin. It it was great. 66 00:04:31,560 --> 00:04:34,360 We we didn't actually snuggle this time at the conference. 67 00:04:34,360 --> 00:04:37,440 So you know, we got our own beds this time we're moving on up. 68 00:04:37,440 --> 00:04:40,920 It must be a bull market. It must be you know, does 69 00:04:40,920 --> 00:04:43,400 Bitcoin fix bad Internet though? That is the question right now 70 00:04:43,400 --> 00:04:44,680 and it was not good this morning. 71 00:04:44,800 --> 00:04:48,280 Yeah guys, again, forgive us. Hopefully this is working. 72 00:04:48,280 --> 00:04:50,520 I will be keeping an eye on the chat. 73 00:04:50,840 --> 00:04:54,520 There might be some technical difficulties, but hey, the show 74 00:04:54,520 --> 00:04:57,000 goes on. We do this live, so let's get 75 00:04:57,000 --> 00:05:04,920 into the numbers for today. The Bitcoin numbers. 76 00:05:05,280 --> 00:05:08,160 Is your Bitcoin in cold storage really secure? 77 00:05:08,320 --> 00:05:10,840 Is your seed phrase really secure? 78 00:05:10,960 --> 00:05:12,520 Stamp seeds? Do it yourself. 79 00:05:12,520 --> 00:05:16,280 Kit has everything you need to hammer your seed words into 80 00:05:16,280 --> 00:05:20,520 commercial grade titanium plates instead of just writing them on 81 00:05:20,520 --> 00:05:23,320 paper. Don't store your generational 82 00:05:23,320 --> 00:05:26,600 wealth on paper. Papers prone to water damage, 83 00:05:26,600 --> 00:05:28,560 fire damage. You want to put your 84 00:05:28,560 --> 00:05:31,680 generational wealth on one of the strongest metals on planet 85 00:05:31,680 --> 00:05:34,520 earth, Titanium. Your words are actually stamped 86 00:05:34,520 --> 00:05:38,080 into this metal plate with this hammer and these letter stamps. 87 00:05:38,120 --> 00:05:40,640 And once your words are in, they aren't going anywhere. 88 00:05:40,720 --> 00:05:44,360 No risk of the plate breaking apart and pieces falling 89 00:05:44,360 --> 00:05:46,800 everywhere. Titanium stamp seeds will 90 00:05:46,800 --> 00:05:49,760 survive nearly triple the heat produced by a house fire. 91 00:05:49,760 --> 00:05:52,920 They're also crush proof, waterproof, non corrosive, and 92 00:05:52,920 --> 00:05:55,160 time proof. All things that paper is not 93 00:05:55,160 --> 00:05:58,400 allowing you to huddle your Bitcoin with Peace of Mind for 94 00:05:58,480 --> 00:06:01,880 the long haul. Stamp your seed on stamp seed. 95 00:06:03,640 --> 00:06:08,040 Wow guys, you should hear how it's coming on our end. 96 00:06:08,040 --> 00:06:11,440 It's absolutely incredible. Anyways, anyways, anyways, it it 97 00:06:11,440 --> 00:06:13,520 seems to be working. YouTube says we have good 98 00:06:13,520 --> 00:06:15,320 connection. Anyways, here are the numbers. 99 00:06:15,320 --> 00:06:16,960 We're over here on Clark Moody's dashboard. 100 00:06:16,960 --> 00:06:20,880 You guys already know bitcoin.clarkmoody.com and my my 101 00:06:20,880 --> 00:06:23,160 favorite number is always the block height tick tock next 102 00:06:23,160 --> 00:06:24,480 block. It's almost like Bitcoin is 103 00:06:24,480 --> 00:06:26,240 working. We're currently at a block 104 00:06:26,240 --> 00:06:32,360 height of 820,000 and 34. The Bitcoin price is at 44,000 105 00:06:32,360 --> 00:06:34,520 and $20. Absolutely incredible. 106 00:06:34,760 --> 00:06:37,720 The stats per dollar, AKA how much your Bitcoin is worth in 107 00:06:37,720 --> 00:06:41,280 Fiat terms, AKA how much Bitcoin you can buy for a single dollar 108 00:06:41,280 --> 00:06:47,680 is currently at 2272 sats or for you bits Maxi's in the back 227 109 00:06:47,680 --> 00:06:51,560 bits. The total Bitcoin issued total 110 00:06:51,560 --> 00:06:54,720 percentage of Bitcoin that will ever be issued 93.15%. 111 00:06:54,880 --> 00:06:59,520 The market cap of Bitcoin and Fiat termed $861 billion to 112 00:06:59,520 --> 00:07:02,000 realize monetary inflation 1.75%. 113 00:07:02,240 --> 00:07:06,240 The Bitcoin versus gold market cap at a 6.34% Guys. 114 00:07:07,040 --> 00:07:09,120 Wow. Last time I checked this I think 115 00:07:09,120 --> 00:07:11,640 this was last week. It was at like 4%. 116 00:07:12,000 --> 00:07:14,200 It's inching up guys. The total public lightning 117 00:07:14,200 --> 00:07:19,560 capacity is 5027.78 BTC. The hash rate the last 90 days 118 00:07:19,560 --> 00:07:24,080 are absolutely ripping 448.3 XA hashes and the pending fees. 119 00:07:24,080 --> 00:07:26,880 Oh my goodness, we were actually just having this conversation 120 00:07:26,880 --> 00:07:31,160 about the mempools going crazy. 22.76 BTC. 121 00:07:31,160 --> 00:07:34,640 Absolutely incredible right now. You guys should have listened to 122 00:07:34,640 --> 00:07:38,200 us and consolidated your transactions a while ago, but it 123 00:07:38,200 --> 00:07:41,040 should hopefully calm down and you'll have one more chance 124 00:07:41,040 --> 00:07:43,960 before it really gets crazy. And then the blocks to having 125 00:07:44,520 --> 00:07:50,280 19,966 blocks till the halving. And then of course the the 126 00:07:50,280 --> 00:07:54,200 halving date in Fiat terms is April 19th, 2024. 127 00:07:54,200 --> 00:07:56,720 So guys, I hope this works for you. 128 00:07:57,560 --> 00:07:59,960 I hope there's no delay in this video. 129 00:07:59,960 --> 00:08:01,240 I should have downloaded it for you. 130 00:08:01,240 --> 00:08:04,520 But hey, we do this live. I thought we had this figured 131 00:08:04,520 --> 00:08:06,600 out. Anyways, there's something we 132 00:08:06,600 --> 00:08:09,720 keep talking about here on the show that the Bitcoin signal is 133 00:08:09,720 --> 00:08:13,680 going absolutely mainstream. Bitcoin is becoming the 134 00:08:13,760 --> 00:08:17,360 predominant conversation in all financial circles. 135 00:08:17,360 --> 00:08:20,600 The tickers are on television. Everyone is talking about 136 00:08:20,600 --> 00:08:23,520 Bitcoin, ETFs, macro. You know, we're we're starting 137 00:08:23,520 --> 00:08:26,560 to feel the FOMO. I know us, us bitcoiners, we're 138 00:08:26,560 --> 00:08:29,200 still a little somber. We're we're still a little PTSD 139 00:08:29,200 --> 00:08:32,840 from the the bear market. But it just goes to show that 140 00:08:32,840 --> 00:08:35,960 more and more people are waking up and for better or worse guys, 141 00:08:36,240 --> 00:08:40,240 Bitcoin price movement is the signal that most people are 142 00:08:40,240 --> 00:08:42,120 watching. Everyone thought Bitcoin is 143 00:08:42,120 --> 00:08:44,800 dead. And now as the price starts to 144 00:08:44,800 --> 00:08:46,320 move, we're going to see a lot of FOMO. 145 00:08:46,320 --> 00:08:48,960 We're going to see a lot of people start to reconsider 146 00:08:48,960 --> 00:08:50,120 Bitcoin. They're going to ask them, So 147 00:08:50,200 --> 00:08:53,720 wait, Bitcoin isn't dead. And in this clip, if it works 148 00:08:53,720 --> 00:08:55,920 for you guys, we have Joe Kernan. 149 00:08:56,440 --> 00:08:58,480 What? This isn't Squawk Box. 150 00:08:58,480 --> 00:09:02,400 This is him on CNBC and he's a full blown Bitcoiner. 151 00:09:02,480 --> 00:09:03,400 What? What would you say? 152 00:09:03,400 --> 00:09:05,400 What'd you say? Matt O'dell calls him our his 153 00:09:05,400 --> 00:09:07,280 boy Joe Kernan. His boy Joe Kernan. 154 00:09:07,280 --> 00:09:09,960 Yeah, never met him before in his life. 155 00:09:09,960 --> 00:09:13,640 But he's our boy guys. He's our man out there doing the 156 00:09:13,640 --> 00:09:16,040 Lord's work spreading that Bitcoin signal. 157 00:09:16,280 --> 00:09:19,960 And Andrew Sorkin is like the the epitome of not to be 158 00:09:19,960 --> 00:09:22,320 derogatory, but just the normie out there. 159 00:09:22,480 --> 00:09:24,360 He's been watching Bitcoin for forever. 160 00:09:24,360 --> 00:09:26,920 It's his job to literally watch financial markets. 161 00:09:27,080 --> 00:09:29,200 And they ask. Joe Kernan asked him That simple 162 00:09:29,200 --> 00:09:31,720 question. You know, when are you going to 163 00:09:31,720 --> 00:09:33,040 believe in Bitcoin? When are you going to buy 164 00:09:33,040 --> 00:09:34,280 Bitcoin? You've been watching it since 165 00:09:34,280 --> 00:09:37,360 5K. What price point will you buy 166 00:09:37,360 --> 00:09:39,120 into Bitcoin? We know the meme. 167 00:09:39,120 --> 00:09:40,720 You get Bitcoin at the price you deserve. 168 00:09:40,920 --> 00:09:43,600 But this is a question I think more and more people are going 169 00:09:43,600 --> 00:09:44,920 to be asking themselves right now. 170 00:09:44,920 --> 00:09:47,520 You know, are are you going to be waiting for 10K, the mythical 171 00:09:47,520 --> 00:09:49,720 10K again? You're going to wait for 25 K 172 00:09:49,880 --> 00:09:51,120 And it's something I always talk about. 173 00:09:51,120 --> 00:09:54,240 It's like guys, if we believe Bitcoin is going to six and 174 00:09:54,240 --> 00:09:58,240 seven figures, why are you going to wait for a little 5% retrace 175 00:09:58,240 --> 00:10:02,280 when you can get exposure today and then, you know, say what you 176 00:10:02,280 --> 00:10:07,360 want about and Pompilano, Anthony Pompilano, Pompilano. 177 00:10:08,000 --> 00:10:11,880 But he kills it on. He absolutely slays it on this 178 00:10:11,880 --> 00:10:14,520 little clip here and the signal just keeps spreading. 179 00:10:14,520 --> 00:10:16,640 So let me play this video and then. 180 00:10:16,840 --> 00:10:19,320 I want one thing to add. So what When we were flying in 181 00:10:19,320 --> 00:10:20,800 off the I I got a bone to pick with you. 182 00:10:20,800 --> 00:10:23,480 Your one buddy calls you like, like, you get all these calls 183 00:10:23,480 --> 00:10:25,880 from your normie friends. Basically being like, hey, like, 184 00:10:25,880 --> 00:10:27,960 should I buy Bitcoin now is literally the conversation. 185 00:10:27,960 --> 00:10:30,960 You're like, yeah, I mean, it's going up right now, like, and he 186 00:10:30,960 --> 00:10:32,720 was definitely asking like, is it going to go down? 187 00:10:32,720 --> 00:10:34,280 Is it going to go up? You're like, I don't know, it 188 00:10:34,280 --> 00:10:36,640 could go down, could go up. I think this is a good entry 189 00:10:36,640 --> 00:10:38,600 point. So obviously Opti did not do a 190 00:10:38,600 --> 00:10:40,880 good enough job in the bear market of Orange peeling his 191 00:10:40,880 --> 00:10:41,720 buddies. Wow. 192 00:10:41,880 --> 00:10:43,520 Wow. To be fair. 193 00:10:43,520 --> 00:10:46,800 To be fair, he does own some Bitcoin. 194 00:10:47,040 --> 00:10:50,600 But again, I think this just goes to show that the average 195 00:10:50,600 --> 00:10:53,720 person that isn't fully enthralled in Bitcoin, fully 196 00:10:53,720 --> 00:10:56,200 obsessed with Bitcoin. They watch the price movements 197 00:10:56,200 --> 00:10:57,680 and they're always thinking the same thing. 198 00:10:58,000 --> 00:10:59,600 Wait, can I get it a little cheaper? 199 00:10:59,600 --> 00:11:02,640 I'm going to wait for that price and I'm like, dude, it might go 200 00:11:02,640 --> 00:11:05,920 down again. This time might be different, 201 00:11:06,080 --> 00:11:08,120 who knows. But it's definitely a time to 202 00:11:08,120 --> 00:11:10,080 gain some exposure. Anyways, let's watch this clip 203 00:11:10,080 --> 00:11:15,760 guys, and you will see Joe just absolutely roasting Andrew on 204 00:11:15,760 --> 00:11:19,640 television and Papalano doing a great job of spreading that 205 00:11:19,640 --> 00:11:22,160 Bitcoin signal and and waking up people out there. 206 00:11:22,160 --> 00:11:24,320 So let's watch this, guys. Michael Sandler, you know, has 207 00:11:24,320 --> 00:11:26,920 had, I guess down at 17,000. There were people that thought 208 00:11:26,920 --> 00:11:28,520 that he was going to get like a margin call or something. 209 00:11:28,520 --> 00:11:29,560 He's back now. I don't know how much. 210 00:11:29,560 --> 00:11:32,120 You bought something like how much 274,000 Bitcoin. 211 00:11:32,120 --> 00:11:34,640 He's up to $2 billion on it. He made some weird comment of 212 00:11:34,640 --> 00:11:37,040 the day and that was about what percentage of global financial 213 00:11:37,040 --> 00:11:39,440 system in his view, Bitcoin will represent at some point. 214 00:11:39,520 --> 00:11:41,440 And then he did some simple math and came out with some crazy 215 00:11:41,640 --> 00:11:42,200 number. What, what? 216 00:11:42,200 --> 00:11:43,440 What was it? I saw that there's all kinds of 217 00:11:43,520 --> 00:11:44,920 numbers. It was like 5 to 10 million per 218 00:11:44,920 --> 00:11:46,480 coin or something was what he came up with. 219 00:11:46,520 --> 00:11:49,200 If Bitcoin just simply matches gold to be $500,000, it is 220 00:11:49,200 --> 00:11:51,200 500,000. If it matches gold at 20 or, I'm 221 00:11:51,440 --> 00:11:53,400 sorry, $10 trillion. Now if you continue to look at, 222 00:11:53,720 --> 00:11:54,760 you know, other assets, it could eat into. 223 00:11:54,760 --> 00:11:56,760 If you have a dollar today and you want to store wealth you 224 00:11:56,760 --> 00:11:57,720 historically could have bought gold. 225 00:11:57,720 --> 00:11:59,960 You could have bought fine art, you could bought all kind of 226 00:11:59,960 --> 00:12:01,880 real estate whatever young people are saying to themselves 227 00:12:01,880 --> 00:12:04,160 I want to buy the hardest asset I can find which tends to be 228 00:12:04,240 --> 00:12:06,680 Bitcoin and it's liquid and it is the best performing asset 229 00:12:06,680 --> 00:12:07,960 over the last 10 years. But it's not. 230 00:12:08,000 --> 00:12:10,400 But the sailor question is how much it becomes part of the 231 00:12:10,400 --> 00:12:12,920 quote financial system and does it is he suggesting that there 232 00:12:12,920 --> 00:12:15,040 has to be a payments element or an actual transaction. 233 00:12:15,040 --> 00:12:16,640 But he was saying gold you were saying a payment. 234 00:12:16,640 --> 00:12:18,800 If it became part of the payment system it could be much bigger. 235 00:12:18,840 --> 00:12:20,840 Well but it also became part of this goes back to can't really 236 00:12:20,840 --> 00:12:23,040 be part of the payment system and have actual and continued 237 00:12:23,040 --> 00:12:25,000 increase because as we discussed a million times if it keeps 238 00:12:25,640 --> 00:12:28,320 reusing except there's there's that company we had on that uses 239 00:12:28,320 --> 00:12:31,480 just little tiny little pieces whenever do it and it doesn't 240 00:12:31,520 --> 00:12:34,000 matter the the little miniscule variations on a daily basis 241 00:12:34,160 --> 00:12:36,400 whenever private ask about when I tell it's very simple if you 242 00:12:36,400 --> 00:12:38,080 think the Federal Reserve and central base have to print 243 00:12:38,080 --> 00:12:40,560 capital or print money in order to finance all this debt then 244 00:12:40,560 --> 00:12:42,080 you're going to be something other than dollars and you're 245 00:12:42,120 --> 00:12:45,640 still not on board. You must be curious at the 246 00:12:45,640 --> 00:12:49,360 beginning, but at 25,000 you were really probably earlier the 247 00:12:49,360 --> 00:12:52,040 number you once said that it hit that you think about 5005 248 00:12:53,320 --> 00:12:56,040 thousand five you were really saying this is way too now it's 249 00:12:56,080 --> 00:12:57,840 42. You got to eventually throw in 250 00:12:57,840 --> 00:13:00,760 the top what number where you say I believe in it 100. 251 00:13:00,800 --> 00:13:03,800 I just think it's a very because it's such a abstract concept 252 00:13:03,800 --> 00:13:05,760 that it's like it's an existing thing, even though it's a thing 253 00:13:05,760 --> 00:13:07,760 for some people. I think all money maybe. 254 00:13:07,880 --> 00:13:10,720 I know it's very philosophical, aren't there? 255 00:13:10,720 --> 00:13:12,760 Like you can describe why gold is worse. 256 00:13:12,840 --> 00:13:14,720 It's not, it's pretty and it's not 'cause it's used in jewelry. 257 00:13:14,720 --> 00:13:16,760 It's cause it's immutable, It's cross cultural. 258 00:13:16,880 --> 00:13:19,120 There's only so much around and and there these are the 259 00:13:19,120 --> 00:13:20,960 characteristics of money since the beginning of time. 260 00:13:20,960 --> 00:13:22,400 Everybody has gold in there, right? 261 00:13:24,720 --> 00:13:27,840 It's like if you understand the distributed Ledger nature of 262 00:13:27,840 --> 00:13:30,640 Bitcoin, you can see that it can represent barter. 263 00:13:30,760 --> 00:13:33,040 For here's one of the crazy parts about this is a lot of 264 00:13:33,040 --> 00:13:35,560 people who question bitcoins efficacy or legitimacy. 265 00:13:35,760 --> 00:13:38,120 They're using a worldview that is dominant in traditional 266 00:13:38,120 --> 00:13:39,720 finance things like intrinsic value, things like fishing 267 00:13:39,720 --> 00:13:41,480 hypothesis, etcetera. What we're watching though 268 00:13:41,480 --> 00:13:42,720 Charlie Munger view of the world. 269 00:13:43,000 --> 00:13:43,480 Absolutely. Yeah. 270 00:13:43,480 --> 00:13:45,280 And by the way, you've been right for 50 years having that 271 00:13:45,280 --> 00:13:46,480 worldview. I think that bitcoins are coming 272 00:13:46,480 --> 00:13:47,640 to the market. There's a different view of the 273 00:13:47,640 --> 00:13:48,760 world, something like intrinsic value. 274 00:13:48,760 --> 00:13:50,080 If you and I both look at an asset and I tell you the 275 00:13:50,080 --> 00:13:51,160 intrinsic values X, you say it'd. 276 00:13:51,160 --> 00:13:52,440 Why obviously there's no intrinsic value. 277 00:13:52,440 --> 00:13:54,120 Just what our opinion is, right. Safety with a fish market 278 00:13:54,120 --> 00:13:55,320 hypothesis. I think what Bitcoin is really 279 00:13:55,320 --> 00:13:56,840 doing is it's showing there's this new view of the world so 280 00:13:56,840 --> 00:13:58,200 far, right? And if it continues to be right, 281 00:13:58,200 --> 00:13:59,880 there will be trillions of dollars including the asset 282 00:13:59,880 --> 00:14:01,640 Anthony. Papiano couldn't have said it 283 00:14:01,640 --> 00:14:05,360 better guys and it really just goes to show the conversation 284 00:14:05,360 --> 00:14:07,600 that we always have. You know we we have this 285 00:14:07,600 --> 00:14:10,200 constantly with with ourselves here. 286 00:14:10,800 --> 00:14:14,320 You know we we try to do our best to avoid speculating on the 287 00:14:14,320 --> 00:14:16,440 Bitcoin price. Yes, we understand how important 288 00:14:16,440 --> 00:14:19,840 the Bitcoin price is in regards to people watching Bitcoin. 289 00:14:20,200 --> 00:14:24,200 But like Joe said, once you understand, you know, 21 million 290 00:14:24,200 --> 00:14:27,160 hard cap, censorship resistant money, something that cannot be 291 00:14:27,160 --> 00:14:29,040 debased, something outside of the system. 292 00:14:29,400 --> 00:14:32,280 And as as the meme goes, something that's going to go up 293 00:14:32,280 --> 00:14:35,360 forever, you start to understand, wait, there is 294 00:14:35,360 --> 00:14:39,480 something more going on here. And I really loved how Pomp said 295 00:14:39,480 --> 00:14:42,200 it at the end. What we're all doing here as 296 00:14:42,200 --> 00:14:45,960 Bitcoiners is we understand that there is a totally different 297 00:14:45,960 --> 00:14:47,840 system. There's a different way of doing 298 00:14:47,840 --> 00:14:51,640 things and you might want to hold some just in case it 299 00:14:51,640 --> 00:14:53,760 catches on. And we're seeing in real time 300 00:14:53,760 --> 00:14:56,760 that it is catching on. And so for the person out there, 301 00:14:56,760 --> 00:15:00,640 the viewer out there, that maybe you by chance fell into the show 302 00:15:00,640 --> 00:15:03,160 today, you know, you're you're asking yourself, you're Googling 303 00:15:03,160 --> 00:15:06,520 what's going on with the Bitcoin price and you saw the title, 304 00:15:06,520 --> 00:15:08,000 when will you believe in Bitcoin? 305 00:15:08,240 --> 00:15:11,520 And so I just want to ask you, the viewer out there, what is it 306 00:15:11,520 --> 00:15:13,240 that's going to take you to believe in Bitcoin? 307 00:15:13,240 --> 00:15:15,640 What what it took? You know, Chris and I are 308 00:15:15,640 --> 00:15:19,800 different, but we all eventually get to the shelling point of, 309 00:15:19,800 --> 00:15:22,600 wow, this Bitcoin thing is not going away. 310 00:15:22,720 --> 00:15:26,480 We just had a 80% retrace and now it's pumping again. 311 00:15:26,480 --> 00:15:30,280 Wait, Bitcoin didn't die and maybe I should get some. 312 00:15:30,280 --> 00:15:32,800 Maybe the price is never going to go back down. 313 00:15:33,080 --> 00:15:37,440 And I'm, I'm always wondering what is it to get people to 314 00:15:37,440 --> 00:15:40,280 start to stack Bitcoin, to start to understand Bitcoin? 315 00:15:40,280 --> 00:15:44,080 Does it need 1000 hours of education to start to understand 316 00:15:44,080 --> 00:15:46,160 Bitcoin? Or is it you just see some price 317 00:15:46,160 --> 00:15:49,440 appreciation, you FOMO into it, you come for the money, you stay 318 00:15:49,440 --> 00:15:51,320 to fix the money, and then you understand. 319 00:15:51,320 --> 00:15:56,480 Wait, these crazy Internet nerds have the best money in the 320 00:15:56,480 --> 00:15:57,640 world? They know what they're doing. 321 00:15:57,640 --> 00:16:00,240 They are fixing the system slowly but surely, one block at 322 00:16:00,240 --> 00:16:02,560 a time. And here we are guys, we're on 323 00:16:02,560 --> 00:16:04,760 the front line. And I'm sure someone just said 324 00:16:04,760 --> 00:16:07,040 in the chat, I I can't pull it out right now or else my 325 00:16:07,040 --> 00:16:09,120 Internet will will blow out on me. 326 00:16:09,320 --> 00:16:12,240 It's like I just got my first should I buy text? 327 00:16:12,240 --> 00:16:15,000 Guys, this is the beginning of a should I buy text? 328 00:16:15,000 --> 00:16:16,720 And we were actually having a conversation with Jacob 329 00:16:16,720 --> 00:16:18,960 yesterday. He's like, yeah, like how do you 330 00:16:18,960 --> 00:16:21,800 feel about the price going up? Like, this is my first bull run. 331 00:16:21,800 --> 00:16:23,040 I I don't really know how to feel. 332 00:16:23,040 --> 00:16:25,320 I'm like, you know, it feels good to have your purchasing 333 00:16:25,320 --> 00:16:28,880 power increase, but it's just another day in Bitcoin. 334 00:16:28,880 --> 00:16:31,000 This is crazy parts of the roller coaster. 335 00:16:31,040 --> 00:16:33,560 And once you understand there's no going back to the Fiat 336 00:16:33,560 --> 00:16:36,520 system, we're trying something new because the Fiat system, 337 00:16:36,520 --> 00:16:40,400 it's either designed to work in this way to exclude all of us 338 00:16:40,400 --> 00:16:44,120 from it, or it's broken. And either way isn't a good 339 00:16:44,120 --> 00:16:48,000 answer for us average people. So, Chris, what's your thoughts 340 00:16:48,000 --> 00:16:50,400 on this video? Was there any Nuggets in there? 341 00:16:50,400 --> 00:16:53,360 And what do you think it's going to take for someone to start to 342 00:16:53,360 --> 00:16:57,320 believe in Bitcoin and believe maybe is not the best word 343 00:16:57,560 --> 00:16:59,320 because I don't, I wouldn't say it's necessarily a belief 344 00:16:59,320 --> 00:17:00,680 system. You know, they have that idea 345 00:17:00,680 --> 00:17:02,160 like, oh, money's just a belief system. 346 00:17:02,160 --> 00:17:05,160 It's like, no, But at a certain point, you build your conviction 347 00:17:05,160 --> 00:17:07,960 in Bitcoin and you understand what you're doing here and 348 00:17:07,960 --> 00:17:10,040 that's how you're able to weather all the storms. 349 00:17:10,040 --> 00:17:12,640 So Chris, what's your thoughts? So I just want to give a shout 350 00:17:12,640 --> 00:17:15,400 out first to our boy friend of the show, Joe Kernan. 351 00:17:15,920 --> 00:17:20,119 Orange pound the masses. We may or may not have ever met 352 00:17:20,119 --> 00:17:22,839 him or even associate ourselves or even talked with him, but 353 00:17:22,839 --> 00:17:24,240 he's out there. Orange fill in the masses. 354 00:17:24,240 --> 00:17:26,599 I think he had a great important question to Andrew Sorkin that 355 00:17:26,599 --> 00:17:29,040 was kind of like, what is your price that you're going to get 356 00:17:29,040 --> 00:17:30,280 in at? What he's like? 357 00:17:30,280 --> 00:17:32,640 Oh, well, he's kind of like this thing and it's an abstract 358 00:17:32,640 --> 00:17:34,880 concept. And obviously Pomp and Joe are 359 00:17:34,880 --> 00:17:36,920 kind of taking the other side of saying like, no. 360 00:17:36,920 --> 00:17:38,480 Like there's a point that you want to get in. 361 00:17:38,480 --> 00:17:40,800 I think Pomp even kind of criticize Andrew Sorkin saying, 362 00:17:40,920 --> 00:17:43,480 oh, if it fell the 5K, I'd get a little bit for my kids, 363 00:17:43,840 --> 00:17:45,560 obviously, But no. No, no, he said. 364 00:17:46,080 --> 00:17:50,320 His price was 5K and that's when he gets some for his kids. 365 00:17:50,320 --> 00:17:54,320 And now we're at 44 K just touch 45K and he's still on the 366 00:17:54,320 --> 00:17:57,320 sidelines. Like, wait, maybe it's just a 367 00:17:57,320 --> 00:17:59,520 belief. Maybe maybe I shouldn't buy some 368 00:17:59,520 --> 00:18:00,840 of this, Like, what's going on here? 369 00:18:01,000 --> 00:18:03,800 Yeah, no, I agree. And it's like Joe had the great 370 00:18:03,800 --> 00:18:06,160 point of like at what point are you, do you want to get in 371 00:18:06,160 --> 00:18:08,200 first? You know the best thing to do is 372 00:18:08,200 --> 00:18:10,760 front run BlackRock and all these ETFs that are coming out. 373 00:18:10,880 --> 00:18:13,080 You can do that now. We still haven't had the ETFs 374 00:18:13,080 --> 00:18:14,200 approved. You can get it. 375 00:18:14,200 --> 00:18:16,240 And then even the best thing is you can give Larry Fink the 376 00:18:16,240 --> 00:18:18,720 middle finger when he's like, hey, I'm trying to get into this 377 00:18:18,720 --> 00:18:20,600 ETF thing, trying to buy some Bitcoin and you don't have to 378 00:18:20,600 --> 00:18:23,200 sell to Larry Fink. And I'm sure that he does not 379 00:18:23,200 --> 00:18:26,640 like having things not sold to him being one of the largest if 380 00:18:26,640 --> 00:18:28,360 not the largest asset manager in the world. 381 00:18:28,360 --> 00:18:32,160 So buy some Bitcoin front run Larry Fink and all the ETFs. 382 00:18:32,720 --> 00:18:36,080 Well, well, I couldn't agree more, Chris, but I want to ask 383 00:18:36,080 --> 00:18:40,160 you the question that, you know, I, I'm guessing you still have 384 00:18:40,160 --> 00:18:44,240 some normie friends, some. What do you think it's going to 385 00:18:44,240 --> 00:18:46,440 take for them to start to understand Bitcoin? 386 00:18:46,480 --> 00:18:48,000 It's just going to be price ripping? 387 00:18:48,760 --> 00:18:50,120 I think so. There's two things. 388 00:18:50,120 --> 00:18:52,000 I think it's price ripping or pain. 389 00:18:52,520 --> 00:18:55,120 I hate to say it like that, but it's like at what point is it? 390 00:18:55,120 --> 00:18:58,080 Is it inflation becomes too painful, Your purchasing power 391 00:18:58,280 --> 00:19:02,440 erodes too much in the dollar or other assets that you have at. 392 00:19:02,560 --> 00:19:07,400 At what point is it your 6040 bond stock bond portfolio is not 393 00:19:07,400 --> 00:19:09,840 performing anymore and Bitcoin still is outperforming both of 394 00:19:09,840 --> 00:19:11,200 those. So it's kind of one of those 395 00:19:11,200 --> 00:19:12,480 things. It's like, you know, I can't buy 396 00:19:12,480 --> 00:19:14,400 a house. You know, my retirement 397 00:19:14,400 --> 00:19:16,040 portfolio is not keeping up with inflation. 398 00:19:16,040 --> 00:19:18,400 At what point is it like, do you jump on the life rafts? 399 00:19:18,520 --> 00:19:20,560 I hope a lot of my normie friends, you know, obviously 400 00:19:20,560 --> 00:19:22,400 we're trying to get them on the life raft sooner rather than 401 00:19:22,400 --> 00:19:23,720 later. But it's kind of one of those 402 00:19:23,720 --> 00:19:25,400 things. Everyone gets the Bitcoin at the 403 00:19:25,400 --> 00:19:27,840 price that they deserve. Yeah, I couldn't agree more. 404 00:19:27,840 --> 00:19:31,920 I couldn't agree more guys. Hopefully the audio isn't super 405 00:19:31,920 --> 00:19:33,480 choppy. I see someone say why so choppy? 406 00:19:33,480 --> 00:19:36,920 I guess this Internet in this hotel isn't that good guys. 407 00:19:36,920 --> 00:19:39,400 So we're doing our best. I tried to fix it for you guys, 408 00:19:39,400 --> 00:19:42,840 but hey, the show goes on. We we didn't want you guys to 409 00:19:43,120 --> 00:19:48,560 wait longer in the chat for us anyways, we are in Vegas but we 410 00:19:48,560 --> 00:19:51,880 will be taking over Nashville shouts out to the boys over at 411 00:19:51,880 --> 00:19:54,640 Bitcoin Magazine Bitcoin Conference 2024. 412 00:19:54,800 --> 00:19:59,080 You can get yourself tickets today and we do this every year. 413 00:19:59,080 --> 00:20:01,040 We go through the same song and dance. 414 00:20:01,040 --> 00:20:02,560 You guys complain about the price. 415 00:20:02,560 --> 00:20:06,000 The price goes up, the conference comes and you FOMO 416 00:20:06,000 --> 00:20:09,200 into getting a ticket. Well use the code simply. 417 00:20:09,280 --> 00:20:12,120 You can get a discount and it's the cheapest the price is going 418 00:20:12,120 --> 00:20:13,760 to be. Right now we want to see you in 419 00:20:13,760 --> 00:20:15,160 Nashville. We're taking over Nashville 420 00:20:15,160 --> 00:20:15,960 anyways. Chris, jump in. 421 00:20:16,000 --> 00:20:17,920 Yeah, no. So obviously you get the simply 422 00:20:17,920 --> 00:20:20,720 code, but also if you pay in Bitcoin, you get an additional 423 00:20:20,720 --> 00:20:23,240 discount. So I'm saying you know you can 424 00:20:23,240 --> 00:20:26,440 even kind of like fudge it like use an exchange send front, like 425 00:20:26,440 --> 00:20:29,200 you know basically instead of getting the tax taxable issue, 426 00:20:29,200 --> 00:20:31,120 you could use like I know strike, you can fund it with 427 00:20:31,120 --> 00:20:33,720 dollars, pay like you were going to pay with a credit card or 428 00:20:33,720 --> 00:20:36,000 dollars and then use the lightning network to pay for it 429 00:20:36,120 --> 00:20:38,680 and you get discount for simply code and you get a discount for 430 00:20:38,680 --> 00:20:40,760 paying in Bitcoin. So that's the cheapest and best 431 00:20:40,760 --> 00:20:42,680 way to do it in my opinion. Let's go. 432 00:20:42,840 --> 00:20:46,040 We got to remember that one when we, when we keep plugging the 433 00:20:46,080 --> 00:20:49,680 conference, pay Bitcoin. I think you get up to like 21, I 434 00:20:49,680 --> 00:20:52,400 think you get up to 21% off, you get 10% for simply and then you 435 00:20:52,400 --> 00:20:54,280 get 21% for paying a Bitcoin off, so. 436 00:20:54,840 --> 00:20:57,800 So no excuses for the tickets being too expensive. 437 00:20:57,800 --> 00:21:00,520 If you want to make it, if you haven't made it to one, you need 438 00:21:00,520 --> 00:21:02,760 to make it to a Bitcoin conference. 439 00:21:02,760 --> 00:21:07,280 This is the biggest one in the world, and it's it's like a 440 00:21:07,280 --> 00:21:08,360 Mecca. It's a Mecca trip. 441 00:21:08,440 --> 00:21:09,680 Yeah, and I'll I'll caveat one thing. 442 00:21:09,680 --> 00:21:11,440 So I know a lot of people are like, oh, you can't pay for 443 00:21:11,440 --> 00:21:12,840 Bitcoin. You just have to enter in your 444 00:21:12,840 --> 00:21:16,240 e-mail or an e-mail associated with it and then it'll give you 445 00:21:16,240 --> 00:21:20,280 the the QR code or the code or the address to pay in Bitcoin. 446 00:21:20,280 --> 00:21:21,240 I know a lot of people are like, what? 447 00:21:21,240 --> 00:21:22,920 What the heck? You can't pay for conferencing 448 00:21:22,920 --> 00:21:24,240 with Bitcoin. I promise you can. 449 00:21:24,240 --> 00:21:26,440 You just need to have an e-mail so we know to send the 450 00:21:26,440 --> 00:21:27,720 confirmation when you pay with it. 451 00:21:28,160 --> 00:21:29,640 Let's go. All right, guys. 452 00:21:29,640 --> 00:21:34,280 Well, I hope to see you guys in Nashville, but let's get on to 453 00:21:34,280 --> 00:21:36,560 the rest of the show. We got a lot of talk about here. 454 00:21:41,560 --> 00:21:45,640 The Daily News. I want to give a shout out to 455 00:21:45,640 --> 00:21:50,040 our sponsor, Foundation Devices. It's self custody done right. 456 00:21:50,040 --> 00:21:53,600 They built a premium grade hardware wallet called Passport 457 00:21:53,800 --> 00:21:56,640 right here in the US. It's fully open source and 458 00:21:56,640 --> 00:21:59,320 verifiable. It's the most intuitive Bitcoin 459 00:21:59,320 --> 00:22:03,200 wallet designed with the UX, reminiscent of a simple feature 460 00:22:03,200 --> 00:22:06,080 phone so you will know how to navigate it and use it the 461 00:22:06,080 --> 00:22:09,360 moment you pick it up. Get your Bitcoin off exchanges 462 00:22:09,360 --> 00:22:12,080 and into your into your own hands in just a few minutes. 463 00:22:12,080 --> 00:22:15,120 Experience the Peace of Mind that comes with taking ownership 464 00:22:15,160 --> 00:22:18,120 of your own keys. After a massive sell out during 465 00:22:18,120 --> 00:22:22,120 Bitcoin Miami 2023, the passport is back in stock at 466 00:22:22,120 --> 00:22:25,880 foundationdevices.com. Bitcoin only, open source, 467 00:22:25,880 --> 00:22:29,800 Verifiable completely air gap security model, gorgeous design, 468 00:22:29,800 --> 00:22:33,160 craft premium grade materials. If you're thinking about getting 469 00:22:33,160 --> 00:22:35,760 your Bitcoin off exchange changes, this is the one for 470 00:22:35,760 --> 00:22:37,840 you. Check out the passport link in 471 00:22:37,840 --> 00:22:39,800 the show notes below to learn more. 472 00:22:49,870 --> 00:22:53,430 This is neck level all right guys, so I don't really want to 473 00:22:53,430 --> 00:22:56,750 go over all the Bitcoin ETF Macronews. 474 00:22:56,950 --> 00:23:00,390 But considering the theme of today's show, when will you be 475 00:23:00,390 --> 00:23:03,230 buying Bitcoin? Like at what price will you buy 476 00:23:03,230 --> 00:23:06,750 Bitcoin at? You know what evidence do you 477 00:23:06,750 --> 00:23:10,870 need to continue to get you interested in Bitcoin? 478 00:23:11,600 --> 00:23:14,680 The theme remains the same. Where we are right now, Bitcoin 479 00:23:14,680 --> 00:23:17,880 is becoming mature. It is legitimizing in the eyes 480 00:23:17,880 --> 00:23:21,840 of traditional finance. And I know the Bitcoin ethos is, 481 00:23:21,840 --> 00:23:25,920 you know, F tradfy, like This is why we Bitcoin is because they 482 00:23:25,920 --> 00:23:28,280 blew up the financial system. Why should we care? 483 00:23:28,480 --> 00:23:31,520 You know why do the suits have to come in to mature the the the 484 00:23:31,520 --> 00:23:33,520 space. And it's kind of one of those 485 00:23:33,520 --> 00:23:35,560 things that like, this is where we are guys and the average 486 00:23:35,560 --> 00:23:38,200 person out there, for better or worse, they're not going to 487 00:23:38,200 --> 00:23:40,800 listen to you. Anon, You know, we've been doing 488 00:23:40,800 --> 00:23:44,000 this for a long time, hence why we show our faces all the time. 489 00:23:44,000 --> 00:23:46,000 So we're seemingly normal people here. 490 00:23:46,240 --> 00:23:50,360 But the theme remains the same. The Bitcoin ETF will be 491 00:23:50,360 --> 00:23:52,840 approved, and we just saw Bitcoin rip. 492 00:23:52,840 --> 00:23:58,480 It's at what it touched, 45 K It's a 44K right now, it's this 493 00:23:58,480 --> 00:24:01,560 year, it's gone up, what, 150 plus percent? 494 00:24:02,040 --> 00:24:06,680 All the evidence is showing that Bitcoin is, I was going to say 495 00:24:06,680 --> 00:24:10,120 back, but it's never left. And you know, here we got the 496 00:24:10,120 --> 00:24:12,720 CEO from Grayscale. I know what you'd say about 497 00:24:12,720 --> 00:24:15,000 Grayscale, but it's the same theme. 498 00:24:15,000 --> 00:24:18,800 It's not a question of if the Bitcoin ETF will get approved, 499 00:24:19,080 --> 00:24:21,120 it's when. And now we're hearing rumors 500 00:24:21,120 --> 00:24:23,560 that it's probably going to get approved around, you know, the 501 00:24:23,560 --> 00:24:26,720 first first month, maybe January 10th, ish, is kind of what we're 502 00:24:26,720 --> 00:24:29,880 all talking about. And the latest theme is all of 503 00:24:29,880 --> 00:24:33,280 us bitcoins like, well, what is making the Bitcoin price rip 504 00:24:33,280 --> 00:24:35,400 right now? Like, is it the Bitcoin ETF 505 00:24:35,400 --> 00:24:37,400 rumors? Is it because there's some 506 00:24:37,400 --> 00:24:41,080 convicted buyers? Like what is exactly going on? 507 00:24:41,280 --> 00:24:45,640 We're seeing that traditional finance maybe there's signs of 508 00:24:45,640 --> 00:24:47,760 things breaking. You know, we saw gold rip. 509 00:24:47,760 --> 00:24:51,440 I have the gold chart for you guys and it all just kind of is 510 00:24:51,440 --> 00:24:54,520 culminating in this perfect storm of wait. 511 00:24:55,000 --> 00:24:58,440 Is there cracks in the dam? Are people waking up? 512 00:24:58,720 --> 00:25:02,760 Are people flying to quality? Are they seeing what we're 513 00:25:02,760 --> 00:25:04,520 seeing? And now that we're going to see 514 00:25:04,520 --> 00:25:08,200 a a ETF, we're going to see the liquidity from institution pop 515 00:25:08,200 --> 00:25:11,280 into Bitcoin. It really makes you wonder just 516 00:25:11,280 --> 00:25:13,280 how much capital is going to get into Bitcoin. 517 00:25:13,480 --> 00:25:16,880 Everyone is getting absolute or actually everyone is absolutely 518 00:25:16,880 --> 00:25:20,040 bearish because I don't think we're bullish enough when we 519 00:25:20,040 --> 00:25:23,560 understand that Bitcoin is maturing in real time. 520 00:25:23,560 --> 00:25:26,320 So much capital and liquidity is going to get into Bitcoin coming 521 00:25:26,320 --> 00:25:28,360 up and it's just going to blow your mind. 522 00:25:28,560 --> 00:25:31,000 And we covered this actually. Chris, do you want to pop in 523 00:25:31,000 --> 00:25:32,000 there a little bit? Yeah, Yeah. 524 00:25:32,200 --> 00:25:35,120 I think looking back now that looks like we're going on a new 525 00:25:35,120 --> 00:25:37,640 bull run or you know obviously the price is appreciated over 526 00:25:37,640 --> 00:25:41,640 160% this year so far. I think looking back at the last 527 00:25:41,640 --> 00:25:44,480 bear market is, you know, everyone was saying, oh, we're 528 00:25:44,480 --> 00:25:45,960 we're maturing as an asset class. 529 00:25:45,960 --> 00:25:48,600 The suits are coming. But look, the thing that I take 530 00:25:48,600 --> 00:25:51,160 away from this is the suits got absolutely fucking wrecked. 531 00:25:51,440 --> 00:25:56,000 The Gemini, the Genesis, the FTXI mean you've got some more 532 00:25:56,000 --> 00:25:59,080 of the the, the degens, as well as the block FIS, the Celsius, 533 00:25:59,080 --> 00:26:00,720 the voyagers. But the suits are like, hey, 534 00:26:00,720 --> 00:26:02,760 we're the adults in the room, we're going to regulate this 535 00:26:02,760 --> 00:26:05,240 imagery, you know, regulate me harder, Daddy. 536 00:26:05,360 --> 00:26:07,920 That's what FTX wanted. And only they got wrecked, which 537 00:26:07,920 --> 00:26:10,800 I think just goes to show, like you're your own best advocate. 538 00:26:10,800 --> 00:26:13,480 You know, I'm saying, you know, advocate for yourself, buy 539 00:26:13,480 --> 00:26:15,240 Bitcoin, self custody it yourself. 540 00:26:15,480 --> 00:26:18,280 Don't do any of these ETFs. Yeah, I'll gladly let them pump 541 00:26:18,280 --> 00:26:21,280 my bags and my purchase price. But at the end of the day, I 542 00:26:21,280 --> 00:26:23,880 think, you know, the path forward is of most pain. 543 00:26:23,880 --> 00:26:26,520 And I think these ETFs, you know, we haven't seen it yet. 544 00:26:26,520 --> 00:26:28,800 But after they get approved, I could definitely see, you know, 545 00:26:28,800 --> 00:26:30,440 a case where they accidentally are sending Bitcoin to an 546 00:26:30,440 --> 00:26:32,320 address they don't have. Maybe they're just like 547 00:26:32,320 --> 00:26:35,440 rehypothecating it, like making more ETF shares than there are 548 00:26:35,440 --> 00:26:37,200 available of Bitcoin on the market. 549 00:26:37,360 --> 00:26:39,440 So don't let that be a risk for yourself. 550 00:26:39,680 --> 00:26:42,280 Take Bitcoin in self custody, buy it yourself, hold it 551 00:26:42,280 --> 00:26:44,200 yourself. And you know it's going to be 552 00:26:44,200 --> 00:26:46,880 hilarious to watch the suits get absolutely wrecked in the next 4 553 00:26:46,880 --> 00:26:50,280 to 8 years from here on out. So yeah, that's just my 2 stats 554 00:26:50,280 --> 00:26:51,800 on. It it's going to be glorious. 555 00:26:51,800 --> 00:26:55,000 Not just hilarious but yeah it it just goes to show guys and 556 00:26:55,000 --> 00:26:58,920 and we're huge advocates of you guys not buying the the spot big 557 00:26:58,960 --> 00:27:02,320 or yeah, an ETF at all. Any ETF you want to hold spot 558 00:27:02,320 --> 00:27:04,480 Bitcoin. You want to hold the actual 559 00:27:04,480 --> 00:27:07,640 asset and yeah, for better or worse, people are going to buy 560 00:27:07,640 --> 00:27:11,320 this spot ETF, but you want to hold Bitcoin. 561 00:27:12,160 --> 00:27:16,040 One more important point, I mean obviously BlackRock, they had, 562 00:27:16,040 --> 00:27:19,120 they actually just amended their ETF, the iShares ETF, they had 563 00:27:19,120 --> 00:27:21,400 21 provisions or revisions to it. 564 00:27:21,520 --> 00:27:23,920 What's is that bullish? I don't know if it is but one of 565 00:27:23,920 --> 00:27:26,800 the the numbers. 20. One, the numbers 21 revisions 566 00:27:26,800 --> 00:27:28,000 that they had in their application. 567 00:27:28,000 --> 00:27:30,480 One of the things that stood out though and shout out to Joe 568 00:27:30,480 --> 00:27:34,240 Carlos, sorry was pointing out that they changed the provision 569 00:27:34,240 --> 00:27:36,200 in there. They the SEC required this or 570 00:27:36,200 --> 00:27:39,360 wanted this that they want the option to call Bitcoin a 571 00:27:39,360 --> 00:27:41,000 security. I know bitcoiners we don't play 572 00:27:41,040 --> 00:27:42,720 in security, but one I. Missed. 573 00:27:43,240 --> 00:27:45,560 That one of the lines in there was saying that they wanted 574 00:27:45,560 --> 00:27:48,560 Bitcoin to be it's they have not changed the definition they 575 00:27:48,560 --> 00:27:51,400 still treat it as a commodity but they want the optionality to 576 00:27:51,400 --> 00:27:55,240 potentially read like to back change or change Bitcoin from a 577 00:27:55,240 --> 00:27:57,720 commodity to a security. In the language it I forgot the 578 00:27:57,760 --> 00:28:00,480 the lawyer in the language, but the language is like, hey like 579 00:28:00,480 --> 00:28:03,480 Bitcoin's seen as a commodity now but is pending, can change 580 00:28:03,480 --> 00:28:05,040 in the future or something along those lines. 581 00:28:05,160 --> 00:28:07,600 Incredible. As you can see we we've been 582 00:28:07,600 --> 00:28:10,880 seeing this year then especially the last couple of months a ramp 583 00:28:10,880 --> 00:28:15,120 up on the on and off ramps and and this really just kind of 584 00:28:15,120 --> 00:28:19,480 goes to show that the quote UN quote adults in the room are 585 00:28:19,480 --> 00:28:24,160 trying to come in here and stranglehold Bitcoin and you 586 00:28:24,160 --> 00:28:27,440 know put a a round peg in or what's a square peg in a round 587 00:28:27,440 --> 00:28:31,520 hole so that they can become the official custodians and the 588 00:28:31,520 --> 00:28:34,760 official on and off ramps of these bitcoins so that they can 589 00:28:34,760 --> 00:28:37,840 try to you know try try to hurt Bitcoin. 590 00:28:38,000 --> 00:28:40,520 Anyways, Chris, if you want to add a little more before I I 591 00:28:40,520 --> 00:28:42,800 move into some of this other stuff to give people some more 592 00:28:42,800 --> 00:28:45,920 receipts, by all means. No, I mean I guess I just think 593 00:28:45,920 --> 00:28:48,240 that's very important that the SEC wants, they want control 594 00:28:48,240 --> 00:28:50,440 everyone in the in the room, it's right now a power game. 595 00:28:50,440 --> 00:28:52,480 Everyone wants control. Everyone wants to control 596 00:28:52,480 --> 00:28:54,280 Bitcoin. As you guys know you guys listen 597 00:28:54,280 --> 00:28:56,360 to the show, no one one person controls Bitcoin. 598 00:28:56,520 --> 00:28:58,840 You self sovereignly control Bitcoin by running your own 599 00:28:58,840 --> 00:29:01,320 node, holding your own keys. So that's just my two sets. 600 00:29:01,880 --> 00:29:05,440 Love it, love it. And on that note guys, you know 601 00:29:05,680 --> 00:29:10,120 I saw this tweet, we tweeted this out a couple of days ago. 602 00:29:10,240 --> 00:29:12,560 I think there was some bad math that was going around on 603 00:29:12,560 --> 00:29:15,120 Twitter, but the point remains the same. 604 00:29:15,120 --> 00:29:17,360 So the Twitter here, the tweet that we posted this was 605 00:29:17,360 --> 00:29:21,960 September 12th, couple months ago is the e-mail of Qatar 606 00:29:22,080 --> 00:29:24,520 landed in El Salvador. He had a conversation with Naib 607 00:29:24,520 --> 00:29:29,560 Bukele about investing in El Salvador and understanding how 608 00:29:29,560 --> 00:29:33,520 his investments are going what they are and maybe he's trying 609 00:29:33,520 --> 00:29:36,720 to find some exposure somewhere. Well this tweet this morning 610 00:29:36,720 --> 00:29:39,880 from Caitlyn Long and you guys know Caitlyn Long she started 611 00:29:39,880 --> 00:29:42,840 custodia. She is you know 1 foot in 612 00:29:42,840 --> 00:29:47,360 tradfly maybe maybe one toe in tradfly and the the other nine 613 00:29:47,360 --> 00:29:51,320 toes in Bitcoin and she quote tweeted us this morning she goes 614 00:29:51,480 --> 00:29:54,440 I caught up with a big big corner and investor in Bitcoin 615 00:29:54,440 --> 00:29:58,320 infrastructure cause like companies who said he doesn't 616 00:29:58,320 --> 00:30:00,600 think this rally is all about the spot ETF. 617 00:30:00,840 --> 00:30:03,640 He thinks it's about this too. And he's quoting, quote, 618 00:30:03,640 --> 00:30:09,040 tweeting, pointing down to the idea that some interested buyer 619 00:30:09,240 --> 00:30:12,480 in Qatar in the Middle East is starting to gain exposure in 620 00:30:12,480 --> 00:30:14,000 Bitcoin. And she goes, I missed this at 621 00:30:14,000 --> 00:30:17,200 the time, but looking into this this morning, it seems there 622 00:30:17,200 --> 00:30:20,360 wasn't much coverage of this. And it just goes to show that 623 00:30:20,600 --> 00:30:24,080 once we get the floodgates opening up one interested buyer, 624 00:30:24,640 --> 00:30:26,800 things are really going to go into a new paradigm. 625 00:30:27,040 --> 00:30:29,880 And we're seeing even more receipts this morning. 626 00:30:30,000 --> 00:30:33,040 Individuals and businesses in Lugano can now settle taxes, 627 00:30:33,040 --> 00:30:36,400 fines, and other invoices from the municipality in Bitcoin. 628 00:30:37,040 --> 00:30:39,400 Of course bitcoiners are, you know, this is probably a 629 00:30:39,400 --> 00:30:43,320 contentious, contentious topic here, but it just keeps showing 630 00:30:43,360 --> 00:30:45,920 that everywhere around the world, countries, nation, 631 00:30:45,920 --> 00:30:49,640 states, corporation, interested investors, high net worth 632 00:30:49,640 --> 00:30:52,200 individuals, they're all looking for some exposure. 633 00:30:52,480 --> 00:30:55,640 Again, I'm going to bring up gold chart and I and I know 634 00:30:55,640 --> 00:30:58,360 everyone in the chat's going to kind of shit on the gold chart 635 00:30:58,360 --> 00:31:00,760 because hey, we're bitcoiners. We think Bitcoin is better than 636 00:31:00,760 --> 00:31:03,120 gold. But one thing is for sure, I 637 00:31:03,120 --> 00:31:06,400 think people are going to look for quality. 638 00:31:06,560 --> 00:31:08,000 There is a flight to quality right now. 639 00:31:08,000 --> 00:31:09,680 Are we seeing this happen in real time? 640 00:31:10,240 --> 00:31:12,880 I think only time will tell. Of course we didn't have the 641 00:31:12,880 --> 00:31:15,040 playbook here. I say it all the time, someone 642 00:31:15,040 --> 00:31:17,680 that is trying to get their exposure in Bitcoin, they're not 643 00:31:17,680 --> 00:31:19,960 going to tell you up front that they're buying all this Bitcoin. 644 00:31:19,960 --> 00:31:21,640 They're going to flood Bitcoin, They're going to stack their 645 00:31:21,640 --> 00:31:23,800 bags and then eventually once their bags are packed, they're 646 00:31:23,800 --> 00:31:26,240 like, Oh yeah, we love Bitcoin, let the price rip. 647 00:31:26,440 --> 00:31:29,480 Anyways, another news story that came out, companies in Japan 648 00:31:29,480 --> 00:31:32,840 would no longer have to pay tax on unrealized gains under the 649 00:31:32,840 --> 00:31:37,240 proposal rules per Nokia Asia. And as we say here, the game 650 00:31:37,240 --> 00:31:40,640 theory is an action. But that's not all. 651 00:31:40,640 --> 00:31:43,720 The reason I'm bringing all these receipts today is, again, 652 00:31:44,360 --> 00:31:48,480 I'm trying to figure out ways to get the average person out 653 00:31:48,480 --> 00:31:50,560 there, the guy that's kind of has some interest in when will 654 00:31:50,560 --> 00:31:53,760 you get into Bitcoin. We see an ETFs about the drop. 655 00:31:53,960 --> 00:31:56,840 We're seeing more and more nation states, at least at the 656 00:31:56,840 --> 00:32:00,120 very least talking about Bitcoin, talking to bitcoiners 657 00:32:00,360 --> 00:32:03,440 and wondering, wait, maybe I need to get some exposure. 658 00:32:03,560 --> 00:32:06,720 We're seeing, yes, in the US and actually there was a better 659 00:32:06,720 --> 00:32:09,920 tweet in here by Caitlin. Yeah, here we go. 660 00:32:09,920 --> 00:32:14,360 So is this the one? Yeah, Lawrence, Lopard responds. 661 00:32:14,360 --> 00:32:17,200 Him has it right there is a sovereign bid and then Caitlin 662 00:32:17,360 --> 00:32:19,720 responds. If that's true, then the US 663 00:32:19,720 --> 00:32:22,920 looks even more foolish for pursuing Operation Choke .2 664 00:32:22,920 --> 00:32:26,320 Point O I've known about a major US based multinational company 665 00:32:26,320 --> 00:32:28,520 that has been using Bitcoin since 2014. 666 00:32:28,720 --> 00:32:32,400 It's been obvious for a while that Bitcoin would proverbially 667 00:32:32,400 --> 00:32:35,520 tip. Meanwhile, in the US, they are 668 00:32:35,520 --> 00:32:38,360 just slamming themselves in the ground. 669 00:32:38,360 --> 00:32:41,280 They are wrecking themselves. The game theory is going on 670 00:32:41,280 --> 00:32:43,840 around the world. People are waking up to Bitcoin. 671 00:32:43,840 --> 00:32:47,680 They're waking up to, Oh my God, no one person, no one country 672 00:32:47,680 --> 00:32:49,840 controls this. We've been seeing and covering 673 00:32:49,840 --> 00:32:51,560 it all year long. What bricks are doing? 674 00:32:51,760 --> 00:32:53,560 They're angling to drop the dollar. 675 00:32:53,640 --> 00:32:55,800 We're seeing that people are dropping Treasuries. 676 00:32:56,000 --> 00:33:00,080 Like it's all heating up for a perfect storm when the media and 677 00:33:00,080 --> 00:33:04,000 the Bitcoin price starts to rip. But the signal here I think is 678 00:33:04,000 --> 00:33:06,280 what we keep saying all the time on the show. 679 00:33:06,600 --> 00:33:09,800 It's not just that Bitcoin is going up, it's that Fiat is 680 00:33:09,800 --> 00:33:12,360 crashing. It is losing its purchasing 681 00:33:12,360 --> 00:33:14,280 power in real time. It's losing its place in the 682 00:33:14,280 --> 00:33:15,840 world. And as we say, you know, stay 683 00:33:15,840 --> 00:33:18,360 humble, stack sats and spread the word of Satoshi. 684 00:33:18,560 --> 00:33:20,760 And just to show you guys a chart, because I'm a visual 685 00:33:20,760 --> 00:33:23,640 learner, I'm over here on Google, you know U.S. dollar to 686 00:33:23,640 --> 00:33:27,640 Bitcoin and just look at Bitcoin crashing this this year. 687 00:33:27,920 --> 00:33:31,200 And I I yeah, the dollar crashing against. 688 00:33:31,200 --> 00:33:33,240 Bitcoin against Bitcoin. Exactly. 689 00:33:33,480 --> 00:33:37,640 And look like. I don't know about you, but the 690 00:33:37,640 --> 00:33:41,560 meme of $1.00 equals $1.00 doesn't look that strong when 691 00:33:41,560 --> 00:33:45,320 you price it in Bitcoin. And if we zoom out all the way 692 00:33:45,600 --> 00:33:49,320 from the beginning, the dollar is an absolute shit coin. 693 00:33:49,320 --> 00:33:54,760 It is absolutely destroyed. And this whole rant kind of 694 00:33:54,760 --> 00:33:57,200 started the other week. I think there's the beginning of 695 00:33:57,200 --> 00:33:59,320 the week I actually this started on Sunday. 696 00:34:00,200 --> 00:34:03,040 You know I don't hold gold, I wear gold, I like gold. 697 00:34:03,040 --> 00:34:06,000 It feels good. I think it's pretty, but I don't 698 00:34:06,000 --> 00:34:10,600 personally invest in gold. But what we are seeing is that 699 00:34:10,600 --> 00:34:14,719 gold is still basically one of the store values. 700 00:34:14,719 --> 00:34:17,800 It's one of the safe assets for people When things get crazy, 701 00:34:17,800 --> 00:34:21,520 they go into gold. And we saw over the weekend that 702 00:34:21,520 --> 00:34:24,719 gold hit an all time high. It had an actually huge, huge 703 00:34:25,000 --> 00:34:28,320 what looked like a scam Wick. If we're being completely honest 704 00:34:28,320 --> 00:34:32,000 here and actually Chris, I don't know if we want to talk about 705 00:34:32,000 --> 00:34:35,800 this, but Chris told me a pretty interesting story in regards to 706 00:34:35,800 --> 00:34:38,360 gold markets and investors. I don't know if we, I don't know 707 00:34:38,360 --> 00:34:41,360 if I want to put your your business out there, but let's 708 00:34:41,360 --> 00:34:43,960 just say if you watch Dumb Money, I don't know if you guys 709 00:34:43,960 --> 00:34:46,320 seen Dumb Money, it was a pretty good movie. 710 00:34:46,600 --> 00:34:51,199 But remember when GameStop and Robin Hood, they stopped trading 711 00:34:51,440 --> 00:34:55,080 of GameStop on their app? Well, let's just say maybe a big 712 00:34:55,080 --> 00:34:57,240 guy that you guys are all knowing and saying in the chat 713 00:34:57,240 --> 00:35:00,320 may have made a phone call and said basically the metallic line 714 00:35:00,320 --> 00:35:03,920 of hey guys, can you please stop trading gold right now? 715 00:35:04,600 --> 00:35:07,400 Chris, do you want to chime in on this or is this is this too 716 00:35:07,400 --> 00:35:09,760 much sauce that we don't want to blow up our friends? 717 00:35:10,520 --> 00:35:13,120 You know Opsec here. No, I I could say this story and 718 00:35:13,120 --> 00:35:15,440 I I won't go into any any personal details. 719 00:35:15,440 --> 00:35:19,040 But basically you know obviously gold is centralized a lot of 720 00:35:19,040 --> 00:35:22,000 times it's centralized in banks, central banks obviously. 721 00:35:22,440 --> 00:35:25,600 But a lot of times if a trade is going against let's just say one 722 00:35:25,600 --> 00:35:29,640 of the too big to fail banks and they can call some up at the 723 00:35:29,640 --> 00:35:31,800 treasury or the Fed and basically be like hey like we 724 00:35:31,800 --> 00:35:34,320 got to unwind some of these trades or you know we, hey, if 725 00:35:34,480 --> 00:35:37,960 we're really long, you know you need to say people can't sell 726 00:35:37,960 --> 00:35:41,920 short anymore or we can't go, you know we we're short, you got 727 00:35:41,920 --> 00:35:45,200 to stop selling long and we actually saw this in 2008. 728 00:35:45,200 --> 00:35:47,200 You were no longer allowed to short sell bank stocks. 729 00:35:47,320 --> 00:35:50,240 So obviously the banks are in the pockets of the regulators 730 00:35:50,360 --> 00:35:51,960 and the regulators protect their own. 731 00:35:52,080 --> 00:35:55,000 So you know at the end of the day, it's like these too big to 732 00:35:55,000 --> 00:35:58,360 fail banks, you know, it's heads I win, tails you lose and that's 733 00:35:58,360 --> 00:36:00,520 kind of the way they see it. So you know, if the gold market 734 00:36:00,520 --> 00:36:02,720 starts ripping, who's to say that they don't take, make a 735 00:36:02,720 --> 00:36:04,880 call, be like, hey, we were short gold, we got to call some 736 00:36:04,880 --> 00:36:06,800 friends to make sure that, that we don't get blown out. 737 00:36:06,800 --> 00:36:09,120 Yeah. Who's to say this is all 738 00:36:09,120 --> 00:36:11,680 hypothetical? Obviously completely 739 00:36:11,680 --> 00:36:16,640 hypothetical here, but it just goes to show guys like Gold, it 740 00:36:16,640 --> 00:36:19,560 just hit an all time high. You can see this chart What the 741 00:36:19,560 --> 00:36:23,400 last the last top that we just passed in. 742 00:36:23,400 --> 00:36:27,880 What is this 2012? You look at this chart, this, 743 00:36:27,880 --> 00:36:34,080 this goes back for the 80s the the late 70s and gold just broke 744 00:36:34,080 --> 00:36:36,200 its all time high. It's almost looking like a cup 745 00:36:36,200 --> 00:36:37,880 and handle. I'm not much of A trader here 746 00:36:38,120 --> 00:36:41,720 but it's looking like people are looking for alternatives. 747 00:36:41,840 --> 00:36:45,800 What is gold and Bitcoin saying about the global markets? 748 00:36:45,920 --> 00:36:48,400 Of course I got the all time chart here of Bitcoin. 749 00:36:48,920 --> 00:36:50,840 It's up and to the right. It's pumping. 750 00:36:51,080 --> 00:36:57,040 We just touched 45 K we're at 44 K it's been up 150% this year 751 00:36:57,480 --> 00:37:01,160 and even gold is up. Like what is going on in the 752 00:37:01,160 --> 00:37:04,600 markets, I don't know, but it does look like the flight to 753 00:37:04,600 --> 00:37:06,760 quality is happening in real time. 754 00:37:06,760 --> 00:37:08,360 People are looking for alternatives. 755 00:37:08,600 --> 00:37:11,520 We're seeing ETF is right around the corner. 756 00:37:11,840 --> 00:37:15,720 We're seeing nation states, more than just El Salvador, a tiny 757 00:37:15,720 --> 00:37:18,040 country start to embrace Bitcoin. 758 00:37:18,160 --> 00:37:20,120 We're seeing the interest levels raise. 759 00:37:20,240 --> 00:37:23,480 We're seeing corporate press talk about Bitcoin every day. 760 00:37:23,480 --> 00:37:25,160 They have their ticker on there all the time. 761 00:37:25,320 --> 00:37:29,880 We're seeing a Bitcoin maxi like Joe just absolutely destroy his 762 00:37:29,880 --> 00:37:33,760 Co host. Guys, I am very convinced that 763 00:37:33,760 --> 00:37:37,000 the next year or two, this bull run that we're finding ourselves 764 00:37:37,000 --> 00:37:39,280 going into, it's going to be an absolute Ripper. 765 00:37:39,440 --> 00:37:41,800 You want to start stacking today. 766 00:37:41,800 --> 00:37:44,960 If you're on the sidelines, you want to have exposure. 767 00:37:44,960 --> 00:37:48,800 Of course you know DCA your way through it if you want to or do 768 00:37:48,800 --> 00:37:51,160 what I do capitulate your feet out as soon as possible. 769 00:37:51,560 --> 00:37:54,720 But guys it just I think I think we're going to be very surprised 770 00:37:54,720 --> 00:37:58,120 in 2024, early 2024, the announcements coming out from 771 00:37:58,120 --> 00:37:59,520 people. Anyways, Chris, what's your 772 00:37:59,520 --> 00:38:01,400 thoughts on this? I think you missed the most 773 00:38:01,400 --> 00:38:03,360 important chart. You didn't show Bitcoin like 774 00:38:03,360 --> 00:38:07,240 gold price in Bitcoin because that even though is is not fully 775 00:38:07,240 --> 00:38:08,880 down. So I think that that's an 776 00:38:08,880 --> 00:38:11,440 important chart to show that basically even though gold is up 777 00:38:11,440 --> 00:38:14,400 on the year in Fiat terms, it's actually not at its peak 778 00:38:14,400 --> 00:38:16,840 adjusted for inflation. I think that was the 80s or the 779 00:38:16,840 --> 00:38:19,440 late 70s was the time that it was at its true peak. 780 00:38:19,440 --> 00:38:23,080 When you're just for inflation, and I mean the price of gold in 781 00:38:23,080 --> 00:38:26,200 Bitcoin, I mean it's just like, you know, down to the right, 782 00:38:26,200 --> 00:38:28,600 basically showing that Bitcoin is way outperforming it. 783 00:38:28,600 --> 00:38:31,320 So let's see if we can pull this up on the fly we're doing. 784 00:38:31,480 --> 00:38:33,040 It live. We're doing it live. 785 00:38:33,680 --> 00:38:35,520 Let's see. Is it this one? 786 00:38:36,360 --> 00:38:40,480 Let me pull this one up. I don't know if my internet's 787 00:38:40,480 --> 00:38:43,800 going to work. Historical. 788 00:38:48,240 --> 00:38:49,240 I don't know if this one works I. 789 00:38:49,240 --> 00:38:51,400 Don't know if this one works, we we can, we can skip it. 790 00:38:51,400 --> 00:38:54,320 But basically, if you guys look up the chart, obviously Bitcoin 791 00:38:54,320 --> 00:38:59,920 is way further up then, you know, priced in gold. 792 00:39:00,000 --> 00:39:02,840 Well, just just for like a little quick conversation 793 00:39:02,840 --> 00:39:06,040 because Chris is, I would say he's right side of the bell 794 00:39:06,040 --> 00:39:07,960 curve, big corner. I'm left side of the bell curve, 795 00:39:07,960 --> 00:39:11,360 big corner. But it's so interesting that 796 00:39:12,080 --> 00:39:13,720 there's basically 2 hard monies in the world. 797 00:39:13,720 --> 00:39:15,800 You know, it's Bitcoin and it is gold. 798 00:39:15,800 --> 00:39:17,880 And even though people say like, oh, U.S. 799 00:39:17,880 --> 00:39:22,960 Treasuries are the safest asset, anyone worth their salt in the 800 00:39:22,960 --> 00:39:27,160 financial world, they're going to probably go into gold. 801 00:39:27,160 --> 00:39:29,440 Like the central banks hold gold for a reason. 802 00:39:29,440 --> 00:39:31,520 They're literally like, here take my papers, we're going to 803 00:39:31,520 --> 00:39:34,480 hold the gold. But it just goes to show that 804 00:39:34,800 --> 00:39:38,800 when things get crazy and we are in a time of uncertainty, they 805 00:39:38,800 --> 00:39:40,640 are going to go into hard assets. 806 00:39:40,720 --> 00:39:44,560 And if the Bitcoin price is ripping, if the gold price is 807 00:39:44,560 --> 00:39:48,840 ripping and Bitcoin is just outperforming even gold, I think 808 00:39:48,840 --> 00:39:51,040 that's just more proof for the average person out there. 809 00:39:51,040 --> 00:39:54,560 When you show them the charts, they're like wait go wait, 810 00:39:55,080 --> 00:39:57,760 Bitcoin is better than gold and I don't even like the Bitcoin is 811 00:39:57,760 --> 00:39:59,840 gold two point O or whatever like that. 812 00:39:59,840 --> 00:40:02,040 I think that's a bad meme. Bitcoin is much more than that. 813 00:40:02,040 --> 00:40:06,120 It's it's high-powered money for the digital world and it is 814 00:40:06,120 --> 00:40:10,800 starting to lose that commodity money value and look to become 815 00:40:11,000 --> 00:40:14,400 the monetary asset of the world. And I I don't really talk much 816 00:40:14,400 --> 00:40:18,800 with gold investors but my my dad he he always texts me like 817 00:40:18,800 --> 00:40:20,600 Bitcoin goes up. He's like gold's going up too. 818 00:40:20,600 --> 00:40:23,760 I'm like Congrats dad on your two 3%. 819 00:40:23,760 --> 00:40:25,000 Love you bro. Like you need. 820 00:40:25,200 --> 00:40:27,440 More Bitcoin. Anyways, what's your thoughts 821 00:40:27,440 --> 00:40:31,200 on, you know, someone that says, oh I like Bitcoin, but I like 822 00:40:31,200 --> 00:40:33,640 gold more? You can out hold both if you 823 00:40:33,640 --> 00:40:36,000 really are that tied to your gold you can you can wear it and 824 00:40:36,000 --> 00:40:38,920 then hold both I I think that might be I know Lawrence Lapard 825 00:40:38,920 --> 00:40:42,920 is a big gold and Bitcoin bug and yeah I mean I'm not who's to 826 00:40:42,920 --> 00:40:45,760 tell you that you should or shouldn't have other assets but 827 00:40:45,760 --> 00:40:47,720 I definitely think you should hold some Bitcoin so. 828 00:40:49,640 --> 00:40:52,120 Yeah, we we definitely don't tell you what to do here. 829 00:40:52,120 --> 00:40:53,840 We're just like, hey, this is what we like. 830 00:40:54,040 --> 00:40:55,640 This is what we're seeing. We. 831 00:40:55,640 --> 00:40:57,840 We. May be both hearted, but we may 832 00:40:57,840 --> 00:40:59,480 be both hearted here. But in love. 833 00:40:59,560 --> 00:41:02,320 Love the orange coin. But hey, you do what you hey. 834 00:41:02,560 --> 00:41:07,800 I mean, like gold bugs, for better or worse, are the 835 00:41:07,800 --> 00:41:10,200 predecessors in the hard money gang. 836 00:41:10,480 --> 00:41:12,760 They they held it down for a long time. 837 00:41:14,680 --> 00:41:16,400 Oh, Sophie isn't. Oh, man. 838 00:41:16,400 --> 00:41:17,520 This is going to be good. Hold on. 839 00:41:18,320 --> 00:41:20,680 So let Let's get in. Let's get into the culture. 840 00:41:20,920 --> 00:41:22,160 I think you guys are going to like this one. 841 00:41:22,160 --> 00:41:24,320 All right guys. Before we go on though, shouts 842 00:41:24,320 --> 00:41:25,600 out to the boys over at Kaboom Racks. 843 00:41:26,280 --> 00:41:27,720 I absolutely love the whole team. 844 00:41:27,880 --> 00:41:30,560 Get in touch with Alex Kaboom Rack. 845 00:41:30,560 --> 00:41:32,520 I think he's at Alex Kaboom Racks on Twitter. 846 00:41:33,040 --> 00:41:35,840 They will give you white glove service If you want to buy a 847 00:41:35,840 --> 00:41:37,160 six. You want to sell your A6. 848 00:41:37,160 --> 00:41:40,880 If you want to host with them, they got that download their 849 00:41:40,880 --> 00:41:42,760 firmware. If you have an ASIC and you're 850 00:41:42,760 --> 00:41:46,000 running, you know, standard firmware updated to the kaboom 851 00:41:46,000 --> 00:41:48,120 racks. One get you all nifty and 852 00:41:48,120 --> 00:41:50,320 glowing and get you all the little perks. 853 00:41:50,560 --> 00:41:52,600 But also guys, you know the deal. 854 00:41:52,600 --> 00:41:56,800 Here my boy Alex, you can probably convince you not to buy 855 00:41:56,920 --> 00:41:59,560 a six, even though it's his job to tell you to buy a six. 856 00:41:59,560 --> 00:42:03,360 So if you've been thinking about getting into Bitcoin mining, get 857 00:42:03,360 --> 00:42:06,080 in touch with them because they will literally answer all your 858 00:42:06,080 --> 00:42:08,000 questions. They're in Telegram all day. 859 00:42:08,000 --> 00:42:10,640 They respond super quickly. They are the goats. 860 00:42:10,640 --> 00:42:12,680 I absolutely love everyone over at Kaboom Racks. 861 00:42:12,680 --> 00:42:14,240 They are big corners for big corners. 862 00:42:14,240 --> 00:42:16,640 Buy big corners. Anyways guys, let's get into the 863 00:42:16,640 --> 00:42:18,080 culture. I think we got a funny little 864 00:42:18,080 --> 00:42:24,840 bit for you guys today, the daily culture. 865 00:42:25,760 --> 00:42:29,760 Brought to you by Swan bitcoin.com Swan is the best way 866 00:42:29,760 --> 00:42:33,080 to build your Bitcoin stack with automated Bitcoin savings plans 867 00:42:33,080 --> 00:42:37,840 and instant purchases serving clients of any size from $10 to 868 00:42:37,840 --> 00:42:40,520 $10 million. We love Swan because they 869 00:42:40,520 --> 00:42:44,080 incentivize self custody and dollar cost averaging. 870 00:42:44,200 --> 00:42:48,240 What are you waiting for? Visit swanbitcoin.com today. 871 00:42:49,920 --> 00:42:57,120 Yo, what's good? From Las Vegas, I can barely 872 00:42:57,120 --> 00:43:02,760 hear anything. Through for us. 873 00:43:03,280 --> 00:43:04,840 Oh, there you go. There she is. 874 00:43:04,840 --> 00:43:06,320 There she is. All right. 875 00:43:06,320 --> 00:43:09,840 What are you doing over here? What is good from Las Vegas, 876 00:43:09,840 --> 00:43:12,360 everybody. Since I didn't bet on any shit 877 00:43:12,360 --> 00:43:16,480 coins, I thought I would try my hand at the slot machines. 878 00:43:16,480 --> 00:43:19,800 Look at all the pretty lights. You know, one thing you can't do 879 00:43:19,800 --> 00:43:24,040 here is spend your gold gains. I wouldn't spend my Bitcoin 880 00:43:24,040 --> 00:43:25,920 gains either. I actually don't bet at all. 881 00:43:26,160 --> 00:43:28,840 I just like to walk around and look at the pretty lights. 882 00:43:29,720 --> 00:43:33,600 But if you guys are here in Vegas, make sure to stop by the 883 00:43:33,600 --> 00:43:38,120 D Hotel for Uncompuscatable. This is such a fun event. 884 00:43:38,120 --> 00:43:40,360 We've been having a great time so far. 885 00:43:40,640 --> 00:43:46,360 The early registry starts today and the actual conference starts 886 00:43:46,360 --> 00:43:48,400 tomorrow. So if you want to look at some 887 00:43:48,400 --> 00:43:51,560 pretty lights, if you want to have some fun with your newly 888 00:43:52,080 --> 00:43:54,800 fresh Bitcoin gains, I wouldn't recommend it. 889 00:43:54,800 --> 00:43:58,160 But if that's your vibe, this is the place to do it. 890 00:44:01,800 --> 00:44:04,480 All right, well said. I'm like a little kid in an 891 00:44:04,480 --> 00:44:05,960 arcade. Look how cute. 892 00:44:07,440 --> 00:44:09,080 Well, you know what I heard this morning? 893 00:44:09,680 --> 00:44:14,600 I heard that this hotel actually accepts Bitcoin I so I I didn't 894 00:44:14,600 --> 00:44:19,160 know but I think that's why tone picked the D hotel. 895 00:44:19,360 --> 00:44:24,440 There is a Bitcoin ATM in the lobby I I wouldn't recommend 896 00:44:24,440 --> 00:44:27,560 using it they they literally they're asking for for your 897 00:44:27,560 --> 00:44:30,120 phone number and e-mail I'm. I'm going to look. 898 00:44:30,280 --> 00:44:32,160 For yeah. Yeah, so go go up to it right 899 00:44:32,160 --> 00:44:34,480 now. So go into the check in and it's 900 00:44:34,480 --> 00:44:37,000 right across the check in, right by the bathroom. 901 00:44:37,400 --> 00:44:40,520 They have an ATM there. Yeah, right. 902 00:44:40,520 --> 00:44:41,720 Literally right across from there. 903 00:44:41,720 --> 00:44:44,280 I I know where you are. Right across the bathrooms, like 904 00:44:44,360 --> 00:44:45,480 next to the elevator. No. 905 00:44:45,480 --> 00:44:46,360 No. Right. 906 00:44:46,360 --> 00:44:48,000 Like, right, right by the bathroom. 907 00:44:48,000 --> 00:44:48,480 No. OK, wait. 908 00:44:49,200 --> 00:44:53,760 This is this is a regular ATM. No, there's one, there's there's 909 00:44:53,760 --> 00:44:56,840 a Bitcoin one. It's right across the way from 910 00:44:56,840 --> 00:44:59,760 the check in. It's in the lobby right there. 911 00:45:00,800 --> 00:45:02,480 I don't know. You'll you'll have to find it's 912 00:45:02,480 --> 00:45:04,080 it's right there. We'll take some pictures and 913 00:45:04,080 --> 00:45:05,080 some. Videos of this thing. 914 00:45:05,720 --> 00:45:09,680 But anyways, let's see. You're you're lagging. 915 00:45:10,760 --> 00:45:12,200 Yeah, yeah, yeah, it's right there. 916 00:45:12,200 --> 00:45:13,840 It's in the lobby. It's almost like right when you 917 00:45:13,840 --> 00:45:17,400 walk in the. The Bitcoin is in the machine. 918 00:45:17,840 --> 00:45:19,480 Yeah, the Bitcoin is in the machine. 919 00:45:19,480 --> 00:45:22,240 But yeah, don't, don't. I wouldn't use it, guys. 920 00:45:22,240 --> 00:45:24,480 It's telling you, the KYC, we were trying to just see what the 921 00:45:24,480 --> 00:45:28,240 fees were, but apparently they accept Bitcoin here. 922 00:45:28,240 --> 00:45:31,160 They have an ATM. So just absolutely. 923 00:45:31,160 --> 00:45:32,640 Let me see, let me see where you're at. 924 00:45:32,640 --> 00:45:34,080 Let me see where you're at. Here this. 925 00:45:34,360 --> 00:45:38,840 Is the entrance and then. It's to the right, Like if 926 00:45:38,840 --> 00:45:41,600 you're walking in, that's checking. 927 00:45:42,720 --> 00:45:44,640 The check in? Yeah, to the right. 928 00:45:44,800 --> 00:45:47,560 It's like behind it's I I can't really tell. 929 00:45:47,640 --> 00:45:48,600 Oh, I found it. I found. 930 00:45:48,600 --> 00:45:52,600 It I found it. I found it, but they call it a 931 00:45:52,680 --> 00:45:58,600 crypto kiosk. I don't know. 932 00:45:58,640 --> 00:46:00,600 Let's see. Sell crypto for cash? 933 00:46:00,640 --> 00:46:03,840 Oh shit, yeah, no. It says buy Bitcoin, buy 934 00:46:03,840 --> 00:46:07,240 bitcoins, sell bitcoins. So you can literally come to 935 00:46:07,240 --> 00:46:11,840 this place, sell some of your Bitcoin and then gamble it away 936 00:46:11,840 --> 00:46:13,920 if you didn't already do it on finance. 937 00:46:17,240 --> 00:46:19,840 Oh, man. All right, well guys, if you are 938 00:46:19,840 --> 00:46:23,920 in Vegas, say what's up to us? We will be live streaming 939 00:46:23,920 --> 00:46:25,520 tomorrow. We're going to be live streaming 940 00:46:25,520 --> 00:46:28,720 the whole conference. I I don't know if we're going to 941 00:46:28,720 --> 00:46:32,640 do a a show from the floor, but we will be having all the 942 00:46:32,640 --> 00:46:35,880 conference stream to you guys. We will be getting interviews 943 00:46:36,280 --> 00:46:39,000 and on that note, So what are you, what are you up to? 944 00:46:39,000 --> 00:46:41,280 Are you going to Are you going to gamble on some shit coins? 945 00:46:41,480 --> 00:46:45,680 The original shit coins? No, I can barely play roulette. 946 00:46:45,720 --> 00:46:47,520 I got wrecked in roulette yesterday. 947 00:46:49,200 --> 00:46:52,240 Oh my goodness, I don't. Think gambling is for me. 948 00:46:53,440 --> 00:46:56,600 And if gambling is not for you, you want to buy the hardest 949 00:46:56,600 --> 00:47:00,280 money that ever existed. People always say, oh, Bitcoin 950 00:47:00,280 --> 00:47:04,000 is such a gamble. Bitcoin is like so volatile, why 951 00:47:04,000 --> 00:47:06,800 would you spend? Why would you invest in Bitcoin? 952 00:47:06,800 --> 00:47:09,520 And the reality is that it's the best performing asset in the 953 00:47:09,520 --> 00:47:11,760 last 10 years. It's the best performing asset 954 00:47:11,760 --> 00:47:13,160 you're today. If you would have bought at the 955 00:47:13,160 --> 00:47:16,400 beginning of the year, you would already be well, way over 2X. 956 00:47:16,960 --> 00:47:21,560 And it's the most conservative money like investment really 957 00:47:21,840 --> 00:47:24,440 known to man. So I mean, if this is your 958 00:47:24,440 --> 00:47:27,720 thing, you might as well go on finance, but if you really want 959 00:47:27,720 --> 00:47:30,280 to protect your assets, big point is for you. 960 00:47:30,960 --> 00:47:33,640 Well well, Sophie, I don't know if you can see the chat, but 961 00:47:33,640 --> 00:47:37,920 your your toxic alter ego says at Simply Bitcoin. 962 00:47:37,920 --> 00:47:41,600 The crypto kiosk next to the toilet makes perfect sense now. 963 00:47:44,240 --> 00:47:46,000 Oh man. It's actually next. 964 00:47:46,080 --> 00:47:53,360 To the to the gift shop, Which is kind of equally as poetic 965 00:47:53,680 --> 00:47:56,240 because they overcharged the shit out of you for everything 966 00:47:56,240 --> 00:47:58,160 at that store. Kind of close. 967 00:47:58,200 --> 00:48:00,800 All right. So well, thanks for popping in. 968 00:48:01,040 --> 00:48:05,160 Thanks for doing the influencer Bitcoin pop in guest appearance. 969 00:48:05,680 --> 00:48:10,680 But guys, we heard you. And so, peace out, I'm going to 970 00:48:10,680 --> 00:48:12,520 pull you behind the scenes. I'll see you in a little bit. 971 00:48:12,600 --> 00:48:15,520 Bye. Guys, guys, we heard you. 972 00:48:17,000 --> 00:48:20,240 We brought the meme review back today, so you know, we're we're 973 00:48:20,240 --> 00:48:25,080 going to do it less, but we will not completely eliminate it. 974 00:48:25,080 --> 00:48:27,760 You already know the deal. We have to do the memes. 975 00:48:28,000 --> 00:48:29,560 We we were thinking about it yesterday. 976 00:48:29,560 --> 00:48:33,240 We actually had a conversation. We'll probably do it, at least 977 00:48:33,240 --> 00:48:37,400 for sure, every Friday, and then throughout the week you'll just 978 00:48:37,400 --> 00:48:40,520 have to, you know, you'll just have to show up to know whether 979 00:48:40,520 --> 00:48:43,320 your meme is on the show or not. So let's get into the meme 980 00:48:43,320 --> 00:48:51,040 review, guys. The Daily Meme Review. 981 00:48:56,960 --> 00:49:01,560 Show guys, I I'm really, I'm really surprised that the 982 00:49:01,560 --> 00:49:06,480 Internet and the stream is is doing so well because you got 983 00:49:08,200 --> 00:49:10,720 his back end over here is absolutely incredible. 984 00:49:10,960 --> 00:49:12,520 Anyways, you already know the deal. 985 00:49:12,800 --> 00:49:16,200 This is the meme review where you guys send us memes, tag us 986 00:49:16,200 --> 00:49:18,440 on Twitter, drop them in our telegram group. 987 00:49:18,440 --> 00:49:20,560 T dot me slash simply Bitcoin TV. 988 00:49:20,560 --> 00:49:22,280 We're simply Bitcoin TV on Twitter. 989 00:49:22,600 --> 00:49:25,000 We appreciate the memes. We love the memes. 990 00:49:25,240 --> 00:49:27,400 You know we're never going to get rid of the memes. 991 00:49:27,400 --> 00:49:31,080 Memes is part of our lifeblood. It's part of what we do here. 992 00:49:31,680 --> 00:49:34,200 But we're trying to give you guys as much signal as possible. 993 00:49:34,200 --> 00:49:37,600 Packed into an hour and we notice that besides the cult 994 00:49:37,720 --> 00:49:41,040 cult following out here, most people leave at the memes guys. 995 00:49:41,040 --> 00:49:43,440 So you know, we're trying to provide as much value for you 996 00:49:43,440 --> 00:49:45,400 guys anyways. Tweets of the bullets Memes 997 00:49:45,560 --> 00:49:47,720 artillery. We are in an information war. 998 00:49:47,880 --> 00:49:51,680 It's upon us as individuals to spread the signal to wake up our 999 00:49:51,680 --> 00:49:55,280 friends and family, and of course to ridicule the corporate 1000 00:49:55,280 --> 00:49:57,160 press. And the first one shouts out the 1001 00:49:57,160 --> 00:49:58,440 toxic cat I I. Can take this one. 1002 00:49:58,440 --> 00:49:58,880 I'll take it. Oh. 1003 00:49:58,880 --> 00:50:00,040 OK. All right. 1004 00:50:00,040 --> 00:50:02,760 For for you know, my fiance likes Jay Bieber. 1005 00:50:02,760 --> 00:50:05,560 So this is a a beautiful picture of Justin Bieber looking like a 1006 00:50:05,560 --> 00:50:07,800 hobo with his his wife Haley Bieber. 1007 00:50:07,960 --> 00:50:10,440 And it says all the mainstream growth first pretending they 1008 00:50:10,440 --> 00:50:14,520 believed all along and then Bitcoin at 42 K This is a good 1009 00:50:14,520 --> 00:50:14,800 one. This. 1010 00:50:15,040 --> 00:50:17,640 Is it was a good. I mean, I kind of knew Sophie 1011 00:50:17,640 --> 00:50:19,560 was going to be here, but, shouts out the toxic cat. 1012 00:50:19,560 --> 00:50:21,120 I'm like, this is a good one, you know? 1013 00:50:21,160 --> 00:50:25,520 Hey, low key love Justin Bieber ish, but I'm I'm a bigger Hayley 1014 00:50:25,520 --> 00:50:28,240 Bieber fan. If if you guys could guess why? 1015 00:50:28,240 --> 00:50:30,920 I mean, let's be honest, this is going to be all bitcoiners in 1016 00:50:30,920 --> 00:50:32,440 the future. You know, we look like, you 1017 00:50:32,480 --> 00:50:34,240 know, grimy as hell. And this is our our our 1018 00:50:34,240 --> 00:50:35,640 girlfriends, our wives. Yes. 1019 00:50:36,040 --> 00:50:38,000 Yes, this is the way. This is the way. 1020 00:50:38,000 --> 00:50:41,240 OK, this next one on the same thing we have here. 1021 00:50:41,240 --> 00:50:44,840 Dan Webb, AKA what's it? Heartland Bitcoin. 1022 00:50:44,920 --> 00:50:50,520 HRTLND Bitcoin on Twitter and he goes Are you ready for another 1023 00:50:50,520 --> 00:50:54,040 Bitcoin influencer cycle? And you can see the influencer 1024 00:50:54,040 --> 00:50:56,200 cycle here. We have influencers jumping on 1025 00:50:56,200 --> 00:50:58,520 the Bitcoin bandwagon. Who we have, We have Rogan, 1026 00:50:58,720 --> 00:51:02,680 Paris Hilton, Tom Brady. And then it goes oh and then 1027 00:51:02,680 --> 00:51:05,440 bitcoiners cheer current influencer and wait what is it? 1028 00:51:05,440 --> 00:51:08,440 Is this AI? Can't tell. 1029 00:51:08,440 --> 00:51:10,680 Maybe it's like a rave or something concert. 1030 00:51:10,760 --> 00:51:13,160 And then the next one. Current influencers start shit 1031 00:51:13,160 --> 00:51:16,320 coining and we have what, Jake, Paul, Soldier boy. 1032 00:51:16,880 --> 00:51:18,640 And is that Kim Kardashian Maybe Kim. 1033 00:51:18,720 --> 00:51:21,200 And then and then it goes to the next cycle. 1034 00:51:21,200 --> 00:51:23,680 Part of the cycle goes bitcoiners cancel current 1035 00:51:23,680 --> 00:51:27,320 influencer and is that Buster Rhymes cancelled. 1036 00:51:27,320 --> 00:51:29,520 Oh my God. And this is a cycle guys. 1037 00:51:29,720 --> 00:51:33,040 Of course we love to see when big name people talk about 1038 00:51:33,040 --> 00:51:35,960 Bitcoin because look, not everyone is like us. 1039 00:51:36,080 --> 00:51:39,120 You know, not everyone is a critical thinker and wants to be 1040 00:51:39,120 --> 00:51:41,280 the outcast. They look to their peers, they 1041 00:51:41,280 --> 00:51:43,640 look to people they like and when they embrace things, 1042 00:51:43,640 --> 00:51:46,040 they're like, oh, that's cool. Now I want to do that. 1043 00:51:46,280 --> 00:51:49,280 Well, we're going to see a new batch of influencers jump on 1044 00:51:49,280 --> 00:51:52,040 Bitcoin. I'm sure a lot of us will 1045 00:51:52,040 --> 00:51:55,680 applaud them even though I'm actively against the Bitcoin 1046 00:51:55,680 --> 00:51:59,640 influencer or the influencer turned bitcoiner cycle, but 1047 00:51:59,640 --> 00:52:01,440 they're going to get canceled eventually because they're going 1048 00:52:01,440 --> 00:52:03,600 to most likely turn into shit corners. 1049 00:52:03,600 --> 00:52:05,040 But hey, you already know the deal. 1050 00:52:05,040 --> 00:52:08,200 Just prepare yourself for it and the next one shouts out to the 1051 00:52:08,200 --> 00:52:10,880 Bitcoin therapist, AKA the BTC therapist on Twitter and he 1052 00:52:10,880 --> 00:52:13,160 goes, we buy no matter what hashtag BTC. 1053 00:52:13,400 --> 00:52:16,960 And I think, I think this is like, the perfect combination of 1054 00:52:16,960 --> 00:52:18,080 it. Like me and Chris are the 1055 00:52:18,080 --> 00:52:22,160 symbiotic relationship of this. But it goes when you buy Bitcoin 1056 00:52:22,160 --> 00:52:24,080 at the top, but you also buy at the bottom. 1057 00:52:24,240 --> 00:52:27,400 And he goes, I'm dumb. But, like, I'm smart too. 1058 00:52:27,400 --> 00:52:28,840 You know, I'm dumb, but I'm smart. 1059 00:52:28,880 --> 00:52:31,000 Ish. You know, like, hey, I may not 1060 00:52:31,000 --> 00:52:33,000 be the smartest, but I buy Bitcoin. 1061 00:52:33,000 --> 00:52:35,200 I'm good to go. This next one is by our boy 1062 00:52:35,200 --> 00:52:37,880 Winekus. And we got Homer Simpson here in 1063 00:52:37,880 --> 00:52:40,440 a robe smoking a cigar chilling on his couch. 1064 00:52:40,600 --> 00:52:42,520 And he goes how it feels to own Bitcoin. 1065 00:52:43,000 --> 00:52:46,600 And he's just thinking, everyone is stupid except me. 1066 00:52:47,040 --> 00:52:49,800 You can see like the both sides, both sides of the coin. 1067 00:52:49,800 --> 00:52:52,920 As a bitcoiner, you're like, man, am I the stupid one? 1068 00:52:53,720 --> 00:52:57,640 No, everyone's stupid except me. OK, And the last one is by 1069 00:52:57,640 --> 00:53:00,480 MTCBTC. And I'm pretty sure there's Game 1070 00:53:00,480 --> 00:53:02,440 of Thrones, right? Yeah, Game of Thrones. 1071 00:53:02,680 --> 00:53:05,680 And I think this he's got the sword, this picture of the meme 1072 00:53:05,680 --> 00:53:07,200 with the sword. Lord Snow, you know. 1073 00:53:07,640 --> 00:53:08,840 I don't know. I never watched it. 1074 00:53:09,680 --> 00:53:10,280 Or no. Stark. 1075 00:53:10,280 --> 00:53:11,240 Lord Stark. Lord Stark. 1076 00:53:11,240 --> 00:53:11,600 Oh my. God. 1077 00:53:11,600 --> 00:53:14,920 Anyways, instead of the sword, he's got a green candle and it 1078 00:53:14,920 --> 00:53:18,480 goes The God candle is coming guys, it is coming. 1079 00:53:19,080 --> 00:53:22,560 It will be here soon. We are just starting to see the 1080 00:53:22,560 --> 00:53:25,960 beginnings of the God candle. Anyways, drop your meme review 1081 00:53:26,120 --> 00:53:29,200 in the chat. Hopefully it comes up. 1082 00:53:30,360 --> 00:53:32,160 Yeah, exactly. I'm dumb. 1083 00:53:32,280 --> 00:53:34,480 I'm dumb but smart. Exactly, Yeah. 1084 00:53:34,480 --> 00:53:36,240 Yeah, you give your meme review score. 1085 00:53:36,320 --> 00:53:40,960 So I am holding up the Oh my gosh, the Orange Pill Jam 1086 00:53:40,960 --> 00:53:43,080 project. You guys can scan the QR code. 1087 00:53:43,240 --> 00:53:45,440 They have a bunch of music on wavelength. 1088 00:53:45,680 --> 00:53:48,160 One of our buddies here was showing some of the songs they 1089 00:53:48,160 --> 00:53:51,000 were putting out on Wavelike and you know, you can tip them Sats 1090 00:53:51,000 --> 00:53:52,480 for the music that they have produced. 1091 00:53:52,480 --> 00:53:55,640 Very cool stuff. Yeah, it it's low key. 1092 00:53:55,640 --> 00:53:59,920 It's actually kind of good. Yeah, no, the long 5 beats. 1093 00:53:59,920 --> 00:54:01,160 It was dope. Yeah, there's some really good. 1094 00:54:01,400 --> 00:54:05,320 Reggae with, like, Bitcoin cypherpunk messaging on it. 1095 00:54:05,960 --> 00:54:09,200 All right, my meme review score is I got it this morning. 1096 00:54:09,400 --> 00:54:14,560 I literally spent $20 on a double espresso, a black coffee, 1097 00:54:14,720 --> 00:54:17,640 and two waters. I just got absolutely wrecked 1098 00:54:17,640 --> 00:54:20,120 this morning and it's a just water. 1099 00:54:20,360 --> 00:54:24,960 I I think this is what Jaden Smith's water I don't know. 1100 00:54:24,960 --> 00:54:26,920 It's all right. I have another water, but I 1101 00:54:26,920 --> 00:54:28,800 don't want to plug it because it wasn't that good. 1102 00:54:29,840 --> 00:54:32,640 All right, guys, actually, actually before we go on, I'll 1103 00:54:33,040 --> 00:54:37,240 give you a little I'll give you a moment to get your meme review 1104 00:54:37,240 --> 00:54:39,960 scores in. Guys, we appreciate you guys. 1105 00:54:40,040 --> 00:54:44,040 We love you guys. We we want to provide you guys 1106 00:54:44,040 --> 00:54:46,120 some cool merch. Of course, first and foremost 1107 00:54:46,280 --> 00:54:49,200 stack Bitcoin first. Stack simply Bitcoin merch 1108 00:54:49,200 --> 00:54:53,480 second and it means a lot to us we're we're doing our best to 1109 00:54:53,480 --> 00:55:00,440 you know get away from from just the subscriber sponsor model and 1110 00:55:00,440 --> 00:55:02,240 you know try to be as independent as possible. 1111 00:55:02,240 --> 00:55:03,520 We want to give you guys the news. 1112 00:55:03,520 --> 00:55:08,400 We we don't want to filter our signal so it really helps us to 1113 00:55:08,400 --> 00:55:12,520 get when you guys get some shirts we we paid attention to 1114 00:55:12,520 --> 00:55:13,680 detail. It literally says Bitcoin is 1115 00:55:13,680 --> 00:55:17,120 slavery on the tag shouts out to the boys that represent for 1116 00:55:17,120 --> 00:55:21,320 printing this for us. And yeah guys it really means a 1117 00:55:21,320 --> 00:55:22,760 lot and I got stuff in the works. 1118 00:55:22,760 --> 00:55:24,720 I know you guys are going to yell at me about the hats. 1119 00:55:24,720 --> 00:55:27,880 You know I I got stuff going actually and for the ladies out 1120 00:55:27,880 --> 00:55:31,800 there Sophie was showing me we we're we're about to pull the 1121 00:55:31,800 --> 00:55:35,320 trigger on the the cuts the fit. She's been doing some research 1122 00:55:35,320 --> 00:55:36,680 she's got the good stuff for you. 1123 00:55:36,960 --> 00:55:40,160 So I think 2024 is going to be a good year for simply Bitcoin 1124 00:55:40,160 --> 00:55:40,920 merch. All right. 1125 00:55:40,920 --> 00:55:45,160 Anyways, before I move on, I need to get the music for you 1126 00:55:45,160 --> 00:55:49,200 guys because this is the meme review. 1127 00:55:50,360 --> 00:55:56,040 All right, first one is by Sail Dog 18 and he goes I give these 1128 00:55:56,040 --> 00:56:00,000 memes 5 helpings of reconstituted eggs from the free 1129 00:56:00,000 --> 00:56:03,120 breakfast buffet at the hotel. Yikes. 1130 00:56:03,360 --> 00:56:05,000 OK, next. UT XL. 1131 00:56:05,000 --> 00:56:06,320 What's up bro? I, I. 1132 00:56:07,240 --> 00:56:08,160 You're not on Rumble. All right. 1133 00:56:08,160 --> 00:56:10,480 Anyways, mean score. We are in an information more 1134 00:56:10,480 --> 00:56:14,240 and our side has called a truce of five to six days a week so 1135 00:56:14,240 --> 00:56:16,000 our soldiers can be more comfortable. 1136 00:56:16,360 --> 00:56:18,320 Yes. OK, next one. 1137 00:56:18,320 --> 00:56:20,920 Phillip Rizzo. I give the memes my sats from 60 1138 00:56:20,920 --> 00:56:25,240 KS Still a few money. OK, OK, next one. 1139 00:56:25,240 --> 00:56:26,240 Elaine. Score. 1140 00:56:26,240 --> 00:56:28,200 Bitcoin. Sure thing. 1141 00:56:28,400 --> 00:56:29,320 Bitcoin. Sure thing. 1142 00:56:29,320 --> 00:56:31,760 Takes over Vegas. Home of the money losers. 1143 00:56:31,760 --> 00:56:34,800 Even gamblers have a chance to learn Bitcoin. 1144 00:56:35,120 --> 00:56:37,120 Yes, this is the way. OK, talk. 1145 00:56:37,520 --> 00:56:39,080 Wait. Can I even read this one? 1146 00:56:39,320 --> 00:56:43,360 Toxic Sophie score my waifu asking me why there are air 1147 00:56:43,360 --> 00:56:46,640 horns. Hold on. 1148 00:56:47,040 --> 00:56:48,720 Hold on. Let's do it one more time. 1149 00:56:51,400 --> 00:56:53,480 Tyler Durden swallowed the red pole. 1150 00:56:53,480 --> 00:56:55,200 I score. Crappy web connection. 1151 00:56:55,200 --> 00:56:57,920 I know, man. At least the show, like, went 1152 00:56:57,920 --> 00:56:59,120 on. I apologize. 1153 00:56:59,120 --> 00:57:01,760 I apologize. OK, next one Hammer saw. 1154 00:57:01,760 --> 00:57:05,200 I score the memes. A mole the size of Texas. 1155 00:57:05,240 --> 00:57:06,840 Yeah. No, dude, it's not a mole. 1156 00:57:06,840 --> 00:57:09,760 It's a pop pimple. It's a stab at this point. 1157 00:57:10,040 --> 00:57:14,840 Anyways, last one on YouTube. Psycho O 5, main score. 1158 00:57:15,040 --> 00:57:18,440 Sophie winning the jackpot and buying BTC with her winnings. 1159 00:57:18,720 --> 00:57:20,840 Yes. Yeah, actually dude, there's a 1160 00:57:20,840 --> 00:57:26,840 there's going to be the the poker, the the poker tonight and 1161 00:57:26,840 --> 00:57:31,080 I think it's like a three million buy in and you get a 1162 00:57:31,120 --> 00:57:34,560 whole coin if you win, I think. All right, and then our rumble 1163 00:57:34,560 --> 00:57:36,080 score shots out the Narwhal Tacos. 1164 00:57:36,080 --> 00:57:38,760 He goes mean score 1. Gently used 2 tips. 1165 00:57:39,640 --> 00:57:41,360 Yikes. Gross. 1166 00:57:41,360 --> 00:57:43,800 OK, it's not that we ran out of scores. 1167 00:57:44,560 --> 00:57:47,720 Is that the buzzer hit? Anyways, guys, we appreciate 1168 00:57:47,720 --> 00:57:49,280 you. We love you guys if you're in 1169 00:57:49,280 --> 00:57:50,760 Vegas. Please come say hello. 1170 00:57:50,840 --> 00:57:53,840 Yeah, come up, say what's up. We will be on the floor 1171 00:57:53,840 --> 00:57:55,520 tomorrow. We actually have to break down 1172 00:57:55,520 --> 00:57:58,280 super quickly and go set up. I think I'm getting kicked out 1173 00:57:58,280 --> 00:58:00,880 of this room right now and I'm moving to another one. 1174 00:58:01,240 --> 00:58:04,240 Anyways, we love you. We are taking over Vegas. 1175 00:58:04,240 --> 00:58:07,960 We're going to be here all week. We will be streaming to you guys 1176 00:58:08,000 --> 00:58:11,280 the the conference and we appreciate it. 1177 00:58:11,280 --> 00:58:13,480 Yes, Chris. We should turn this degenerate 1178 00:58:13,480 --> 00:58:16,760 city into a degenerate city by getting rid of the gambling 1179 00:58:16,760 --> 00:58:19,160 addiction and getting into the addiction of buying Bitcoin. 1180 00:58:19,160 --> 00:58:23,400 But that's just me. Yes, this is the way. 1181 00:58:23,400 --> 00:58:26,360 This is the way. All right, guys, we love you. 1182 00:58:27,040 --> 00:58:30,160 Again, apologies for the Internet connection. 1183 00:58:30,160 --> 00:58:32,920 We should be on the floor tomorrow so it will be better 1184 00:58:33,720 --> 00:58:35,840 anyways. Like subscribe, share all that 1185 00:58:35,840 --> 00:58:37,440 good stuff. Don't just share, simply 1186 00:58:37,440 --> 00:58:40,800 Bitcoin, share the Bitcoin signal so more people wake up to 1187 00:58:40,800 --> 00:58:44,720 what is actually going on in the world because they need the 1188 00:58:44,720 --> 00:58:47,400 lifeboat. Anyways, Chris, for the audio 1189 00:58:47,400 --> 00:58:49,040 list for the visual guys over here. 1190 00:58:49,880 --> 00:58:50,840 What do you want people to look at? 1191 00:58:50,840 --> 00:58:51,400 Where are you at? What? 1192 00:58:51,400 --> 00:58:52,960 What's your What's your social medias? 1193 00:58:53,040 --> 00:58:55,440 You can follow me at Chris Alamo 6 on Twitter. 1194 00:58:55,440 --> 00:58:57,840 I'm on Noster. You know, just look up Chris 1195 00:58:57,840 --> 00:59:00,880 Alamo 6 on there as well. Yeah, dude, guys, always a 1196 00:59:00,880 --> 00:59:02,840 pleasure having me. Always love shooting the shit. 1197 00:59:03,000 --> 00:59:04,600 Always love talking about the Bitcoin signal. 1198 00:59:04,600 --> 00:59:06,240 Thanks for having me. Opti, let's go. 1199 00:59:06,400 --> 00:59:08,360 Well, thank you, Chris. Thank you, guys. 1200 00:59:08,600 --> 00:59:12,040 All right, we'll see you later. The chat is undefeated. 1201 00:59:12,440 --> 00:59:14,880 Love you. You guys are crazy. 1202 00:59:15,160 --> 00:59:17,280 All right, guys, we will see you tomorrow. 1203 00:59:17,280 --> 00:59:19,440 Have a good one. Peace out.